The forecasted import of automobiles with compression-ignition internal combustion piston engines, specifically diesel or semi-diesel engines with a cylinder capacity not exceeding 1500 CC, shows a slight decline by 2028. Current forecasts estimate a 0.09% decrease from 2024 to 2025 and a further 0.09% year-on-year dip through 2028. Standing at 100.36 thousand units in 2023, the projections hint at a compound annual growth rate (CAGR) of -0.09% over the five-year period from 2024 to 2028, reflecting a slow decline.
Future trends to watch include shifts in environmental regulations impacting diesel engine imports, the adoption rate of electric vehicles in the UK, and potential economic influences on consumer preferences toward lower-emission cars. Pay attention to technological advancements that might enhance the efficiency of smaller engines, possibly affecting market dynamics. Additionally, post-Brexit trade agreements and their impact on import tariffs could influence these imports further.
