In 2023, the re-import of slivers, rovings, yarn, and chopped strands of glass to the UK was recorded at an actual value of 7.92 thousand kilograms. The forecasted values from 2024 to 2028 suggest a steady year-on-year growth, with a noticeable percentage increase in re-import volumes: from 8.34 in 2024 to 10.25 in 2028 thousand kilograms. This progression indicates a robust compound annual growth rate (CAGR) over this period.
Future trends to watch for:
- Anticipate increasing demand as new technological advancements in glass fiber production improve efficiency and applications.
- Monitor UK policies post-Brexit which could impact import/export regulations.
- Keep an eye on global supply chain disruptions that may affect the availability and cost.
- Track emerging sustainable practices in manufacturing and recycling glass materials which could influence future import volumes.
