Based on the forecast data, the import of worked slate and its articles to the UK is expected to steadily increase from $140.64 million in 2024 to $149.52 million by 2028. This indicates a consistent year-on-year growth rate of approximately 1.6%. However, without specific data for 2023, it is not possible to precisely calculate variations over the past two years or provide a specific CAGR. This upward trend implies a stable demand and a positive outlook for this market segment.
Future trends to watch for include:
- Potential impacts of global economic conditions on import growth rates.
- Shifts in construction and design preferences that could alter demand for slate products.
- Changes in trade policies affecting import tariffs and regulations.