The forecast for the import of sandwich panels of coated steel sheet to the UK indicates a consistent downward trend from 22.398 million kilograms in 2024 to 20.081 million kilograms in 2028. This reflects a year-on-year decrease in volume, with an average annual decline of approximately 2.7% over the five-year period. As of 2023, the volume stood slightly higher, which implies a continuous contraction in the import market.
Future trends to watch for include:
- Potential shifts in UK construction demand affecting import volumes.
- Changes in trade policies or tariffs post-Brexit that could impact import costs and volumes.
- Advancements in alternative building materials that might reduce reliance on steel panels.
- Sustainability trends and regulations that could affect production and consumption patterns in the market.