The forecast for the UK’s chemical and fertiliser minerals imports from 2024 to 2028 shows a consistent annual increase from 4.56 to 4.76 million metric tons. In 2023, imports stood at 4.51 million metric tons. Year-on-year growth is stable at approximately 1% each year. The compound annual growth rate (CAGR) over the five-year period is projected to be around 1.1%.

Future trends to watch for include:

Potential policy changes and import regulations post-Brexit that may affect import volumes.
Global market fluctuations in the supply of chemical and fertiliser minerals.
Technological advancements in agriculture impacting demand for fertilizers.