The import of piezo-electric quartz to the UK is projected to decrease significantly over the next five years, from 222.7 kilograms in 2024 to 92.4 kilograms in 2028. This marks a substantial decline from the 2023 levels, reflecting a trend of decreasing demand or potential sourcing shifts. Year-on-year, this represents a consistent decline, with sharp decreases each year as the forecast progresses. The Compounded Annual Growth Rate (CAGR) over this forecasted period underscores a downward trend in import volume.
Future trends to watch for include advancements in alternative technologies that may replace or reduce reliance on piezo-electric quartz, shifts in global supply chains, and economic factors affecting pricing and availability. Additionally, sustainable sourcing or innovations in manufacturing processes could influence import demands.
