As of the end of 2023, the UK imported kraft paper creped or crinkled with a value of 2.0 million US dollars. Forecasts indicate a declining trend starting in 2024, with imports dropping from 1.787 million US dollars to 0.84064 million US dollars by 2028. The year-on-year decrease is consistent, suggesting a significant reduction over the period from 2024 to 2028, with a compound annual growth rate (CAGR) reflecting this downward trajectory.
Future trends to monitor include the impact of increased domestic production capacities or shifts in local consumer demand for more sustainable packaging alternatives. Additionally, regulatory changes or trade policies might further influence import levels within this sector.
