Forecast: Import of Merely Cut Granite to the UK

The forecast for the import of merely cut granite to the UK indicates a decreasing trend from 2024 to 2028. In 2024, imports are projected at 49.227 million kilograms, declining each subsequent year, reaching 35.85 million kilograms by 2028. Compared to 2023, when imports stood at an assumed level reflected by this decline, this suggests a significant reduction. The year-on-year percentage decrease is consistent from 2025 onwards, reflecting a gradual annual decline. The Compound Annual Growth Rate (CAGR) over the five-year period forecasts a steady downtrend.

Future trends to watch include the influence of alternative building materials that might be contributing to the reduced demand for granite, alongside potential economic factors affecting import capabilities and construction activity trends within the UK, potentially driven by sustainability initiatives and related policy changes.

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