In 2023, the UK's import of soaps, lubricants, waxes, candles, and modelling pastes stood at an estimated value of 2.75 billion USD. The forecasted data from 2024 to 2028 suggests a steady upward trend with annual values increasing from 2.7947 to 2.955 billion USD. This represents a consistent year-on-year growth, indicating a robust demand for these imports. Specifically, the average compound annual growth rate (CAGR) over this period is 1.38%.
Future trends to watch for include potential impacts from global supply chain disruptions or regulatory changes, as well as emerging consumer preferences for sustainable and eco-friendly products that could influence import dynamics.
