In 2023, the import of polyester tow and staple to the UK was recorded at 112.2 million kilograms. The forecast for 2024 indicates a slight decline to 111.75 million kilograms, continuing to decrease progressively to 109.93 million kilograms by 2028. The year-on-year reduction suggests a consistent decrease of approximately 0.3-0.5% annually. Over the five-year period, the Compound Annual Growth Rate (CAGR) points to a minor downward trend.
Future trends to monitor include:
- Potential shifts in domestic production capabilities, which may curb import demand.
- Changes in global trade policies impacting polyester supply chains.
- Environmental considerations pushing for more sustainable textile inputs.
