The forecast for the import of carded or combed silk waste to the UK from 2024 to 2028 shows a gradually declining trend in volume, decreasing from 91.02 thousand kilograms in 2024 to 85.75 thousand kilograms in 2028. This represents a compound annual growth rate (CAGR) of decline. In 2023, imports stood at the backdrop of these projected values, indicating a continued decrease.
Future trends to watch include:
- Potential shifts in demand for silk waste-based products, impacting import volumes.
- Global economic factors influencing the costs and supply chain of silk waste.
- Technological advancements in silk production and alternatives that may alter import needs.