In 2023, the import volume of vegetable parchment, greaseproof papers, tracing papers, and glassine and other glazed transparent or translucent papers to the UK was recorded at a slightly higher level. From 2024 onwards, forecasted data indicates a gradual decline in import volumes, progressing from 45.052 million kilograms in 2024 to 42.095 million kilograms by 2028. The year-on-year percentage variation is consistently negative, indicating a steady reduction in imports each year. The Compound Annual Growth Rate (CAGR) over the five-year period shows a declining trend of approximately -1.7% annually.
Future trends to watch for:
- Shifts in consumer preferences and environmental policies could influence the demand for eco-friendly and biodegradable alternatives to these paper products.
- The impact of global supply chain adjustments and trade agreements post-Brexit may alter import volumes.
- Technological advancements in paper manufacturing could affect domestic production versus import dependence.
