Forecast: Import of Statuettes, Other Ornaments Plated with Precious Metal to the UK

The UK's import of statuettes and ornaments plated with precious metal is forecasted to increase steadily from 2024 to 2028. Starting at 1.0175 million kilograms in 2024, the volume is anticipated to reach 1.1559 million kilograms by 2028. In 2023, the actual volume of imports was slightly below the starting figure for 2024. A consistent year-on-year growth trend is observed, contributing to a projected Compound Annual Growth Rate (CAGR) over the five-year forecast period.

Future trends to watch for include:

  • Potential influences of economic policies on importation and trade agreements post-Brexit.
  • Shifts in consumer preferences and demand for decorative items.
  • Impact of global precious metal price fluctuations influencing import costs and volumes.

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