In 2023, the UK imported dichloromethane valued at approximately $5.45 million. Forecasts indicate a gradual decline in the import value from 2024 to 2028, with slight year-on-year decreases averaging around 0.3%. This reflects a modest downward trend, characterized by a Compound Annual Growth Rate (CAGR) of approximately -0.3% between 2024 and 2028. Given these projections, the market is expected to continue on a slow decline in the short term.
Future trends to watch for:
- Potential regulatory changes affecting the use of dichloromethane in industrial applications.
- Technological advancements and alternative solvents that could impact demand.
- Global supply chain disruptions that may influence import volumes and values.