The import of glass fibres, including glass wool and related articles, to the UK is forecasted to gradually decline from 2024 through 2028, starting at 13.679 million kilograms in 2024 and decreasing to 13.055 million kilograms by 2028. In 2023, the import volume stood at approximately 13.8 million kilograms. The year-on-year variation shows a slight, consistent decline, reflecting decreasing demand or increased domestic production efficiency. The compound annual growth rate (CAGR) over the five-year forecast period indicates a steady, albeit minor, contraction in imports.
Future trends to watch for include changes in environmental regulations impacting production and importation, technological advancements in domestic manufacturing, and shifts in economic conditions that may alter demand dynamics. Additionally, evolving trade agreements post-Brexit could influence the UK's import landscape for glass fibres.
