In 2023, the UK's import of crude or roughly trimmed marble and travertine stood significantly higher than forecasted future values, indicating a downward trend over the coming years. The forecast for 2024 to 2028 reveals a consistent decline in imports, from $925.37K in 2024 to $666.77K in 2028, marking a steady decrease in import value year-on-year.
The year-on-year percentage change reflects a continued reduction, with the compound annual growth rate (CAGR) indicating a significant average decrease per annum over this five-year period.
For future trends, watch for:
- Potential shifts in global supply chains impacting availability and prices.
- Changes in domestic demand levels influenced by construction and decoration industry trends.
- Fluctuations in currency exchange rates affecting import costs.