In 2023, the UK imported 4.5 million kilograms of artificial filament tow and staple fibers of viscose rayon. The forecast from 2024 to 2028 shows a declining trend - starting at 4.3451 million kilograms in 2024, and decreasing annually to 3.7645 million kilograms by 2028. This represents an overall compound annual growth rate (CAGR) decline of about 3% over the five-year period.
Key future trends to watch:
- Increasing demand for sustainable textiles could reshape the market, possibly slowing the decline.
- Technological advancements in fiber production may influence import volumes.
- Economic factors like trade agreements and tariffs could significantly impact future import levels.