In 2023, the import of textile fabric used in paper-making weighing less than 650 g/m2 to the UK stood at approximately XYZ Thousand Kilograms (actual figure from provided data needed). Forecasts from 2024 onwards suggest a steady decline in imports, starting at 83.75 thousand kilograms in 2024 and dropping to 60.5 thousand kilograms by 2028. The year-on-year percent decrease accelerates from 2024-2025 and onwards, with a notable consistent downward pattern. The five-year compound annual growth rate (CAGR) shows an overall yearly decrease, indicating a shrinking market during this period.
Future trends to watch for:
- Global shifts in paper-making technology that may affect fabric requirements.
- Potential trade policy changes impacting import volumes and costs.
- Innovations in textile fabrication which could alter market demands.