The import of tyre cord fabric to the UK is projected to decline steadily from 12.687 million square meters in 2024 to 8.6782 million square meters by 2028. This represents a compound annual growth rate (CAGR) of approximately -9% from 2024 to 2028. In comparison to the 2023 value—unavailable but presumably higher—the year-on-year decrease highlights a persistent downward trend in volume.
Future trends to watch for include:
- Technological advancements in tyre cord fabric production that could influence demand.
- Variations in UK automotive industry growth, impacting import needs.
- Economic factors and trade policies post-Brexit that may alter import patterns.