The import of filter blocks, slabs, and plates of paper pulp to the UK is forecasted to decline steadily from 2024 to 2028. In 2023, imports stood at approximately 3.4 million USD. From 2024 onwards, a consistent decrease is projected, with a year-on-year reduction of about 7% on average, leading to a significant cumulative decline over five years. The compound annual growth rate (CAGR) for this period is negative, indicating a shrinking trend in market size for these imports.
Future trends to watch for include:
- Shifts in global paper pulp supply chains that could affect UK import prices and volumes.
- Technological advancements that may either increase demand for higher quality imports or reduce reliance on imports through domestic innovations.
- Policy changes regarding environmental sustainability and recycling that might impact the import volumes.