The forecast indicates a steady decline in the UK's import of unsaturated acyclic hydrocarbons from 2024 through 2028. Starting from 20.058 million kilograms in 2024, the volume reduces to 17.798 million kilograms by 2028. This represents an annual decrease in imports, with a consistent reduction pattern each year.
The year-on-year variation reveals a modest annual decline, with imports tapering off gradually over the five-year period. The compound annual growth rate (CAGR) for the period demonstrates a decreasing trend in the import volumes.
In 2023, the import volume stood slightly higher than 20 million kilograms. Looking ahead, market participants should monitor factors such as domestic production capacity, regulatory changes, and shifts in chemical industry demand that could influence future import needs and pricing dynamics.
