In 2023, the UK's re-import of plastic statuettes and other ornamental articles stood at 3.52 thousand kilograms. The forecast displays a modest year-on-year growth of approximately 1.4% from 2024 to 2028. Over this five-year period, the compound annual growth rate (CAGR) is expected to be steady, suggesting a consistent demand for these products, supported by improving economic conditions and consumer interest in decorative goods.
Future trends to watch for:
- Potential impacts of trade policies and tariffs on re-import activities.
- Shifts towards sustainable materials affecting demand for plastic-based ornaments.
- Influence of e-commerce growth in driving the demand for imported decorative goods.