The UK's import of slate is forecasted to increase steadily from 47.49 million kilograms in 2024 to 50.291 million kilograms by 2028. Compared to 2023 levels, this represents a consistent annual growth trend. The year-on-year percentage increase shows a relatively stable demand for slate imports, with growth rates ranging from approximately 1.5% to 3%, reflecting a moderate CAGR over the five-year period. In 2023, the import volume was slightly below the 2024 forecast, indicating a recovery or stabilization post any past fluctuations.
Future trends to watch for include:
- Potential shifts in the construction industry's material preferences which could impact slate demand.
- Influence of trade policies and any new tariffs or agreements that might affect import costs or logistics.
- Technological advancements in roofing materials that could substitute for traditional slate demand.
