The forecast for the import of non-wired float glass in sheets to the UK from 2024 to 2028 shows a steady decline. The values decrease from 51.663 million kilograms in 2024 to 47.578 million kilograms in 2028. This indicates a continuous decrease with each year registering a decline in import volume. To provide context, the volume stood at a certain point in 2023, so these figures represent a forecasted trend following that year.
The year-on-year percentage change reveals a consistent downward trend, indicating a sustained reduction in imports. Over the five-year forecast period, the compound annual growth rate (CAGR) denotes a decreasing trend, signifying a long-term contraction in imports.
Future trends to watch for include market demand changes influenced by sustainable construction practices or innovations in glass manufacturing that could affect domestic production. Additionally, any shifts in UK trade policies or economic conditions may further impact the imports of float glass.
