The UK’s import of injection or compression types moulds for rubber or plastic is forecasted to rise steadily from 2024 to 2028, showing a gradual increase from 149.32 million USD in 2024 to 156.84 million USD in 2028. This steady growth reflects a compound annual growth rate (CAGR) of approximately 1.25% over five years. Year-on-year increments are consistent around 1% annually during this period.
In 2023, the import stood at 148 million USD, marking a modest increase by 2024. The anticipated upward trajectory indicates demand in UK manufacturing sectors using such moulds will continue to grow, driven by advancements in plastics and rubber industries.
Future trends to watch for include potential disruptions from trade regulations post-Brexit, technological innovations in moulding processes, and fluctuations in raw material availability. Monitoring these factors could influence future import values significantly.
