In 2023, the import of computer peripherals to the UK stood at approximately 22 million items. Forecasted data for 2024 to 2028 shows a steady increase in imports, with values expected to grow from 22.513 million items in 2024 to 23.552 million items by 2028. This indicates a year-on-year growth rate of about 1% to 1.5%. The compound annual growth rate (CAGR) over the five-year period is estimated to be modest, reflecting a stable yet incremental rise in import volumes.
Future trends to watch for include:
- Technological advancements leading to increased demand for newer peripherals.
- Potential trade regulations or agreements post-Brexit impacting import patterns.
- Economic factors such as currency fluctuations that might influence import costs and demand.
- The growing trend towards sustainability that could affect the types of peripherals imported.