The forecast for the import of mixing and kneading machines for minerals, except bitumen, into the UK indicates a steady decline from 2024 to 2028. The import volume starts at 457.83 thousand kilograms in 2024 and decreases year-on-year by approximately 8% until reaching 316.24 thousand kilograms in 2028. In contrast, it stood at 493.2 thousand kilograms in 2023 as actual data. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a consistent negative trend, showing an average reduction of about 8% per year.
Future trends to watch for:
- Advancements in local manufacturing could further reduce import declines.
- Shifts in demand patterns for these machines due to industry changes.
- Potential regulatory impacts on imports and trade policies in the UK.
