The forecast for paper and paperboard imports to the UK indicates a steady decline from 4.72 million metric tons in 2024 to 4.06 million metric tons in 2028. This represents a compound annual growth rate (CAGR) of approximately -3.7% over the five-year period. In 2023, the import volume was slightly higher than 4.72 million metric tons, signaling the start of this downward trend. Year-on-year, the import volume is projected to decrease by roughly 3.6% annually until 2028.
Future trends to watch for include:
- The impact of sustainability policies and increased recycling efforts, which could further reduce the need for imports.
- Changes in demand for paper products due to digitalization and e-commerce packaging developments.
- Potential fluctuations in global supply chains and trade agreements affecting import volumes.