The forecast for polystyrene waste or scrap imports to the UK shows a consistent decline from 2024 to 2028. Starting at 927.9 thousand kilograms in 2024, the imports are expected to decrease by approximately 16.1% to 778.68 thousand kilograms in 2025. The downward trend continues with a drop of 18.8% in 2026 to 632.45 thousand kilograms, followed by a significant decline of 22.7% in 2027 to 489.14 thousand kilograms, and finally, a 28.7% decrease in 2028 to 348.7 thousand kilograms. The compound annual growth rate (CAGR) over this period is negative, indicating an average annual reduction in imports.
Future trends to watch for include:
- Environmental policies reducing polystyrene usage may lead to further decreases in imports.
- Technological advancements in recycling could potentially enhance domestic recycling capabilities, impacting import needs.
- Changes in international trade agreements or tariffs might alter the cost-effectiveness of importing polystyrene waste.