From 2023 to 2028, the UK's forecasted import of unwrought zinc alloys shows a consistent upward trend. In 2023, imports stood at approximately 23 million USD. Year-over-year growth is modest, with each year witnessing a gradual increase: approximately 1.5% in 2025 from 2024, 1.5% in 2026 from 2025, 1.4% in 2027 from 2026, and 1.4% in 2028 from 2027. Over this five-year period, the compound annual growth rate (CAGR) is projected to be around 1.5%.
Future trends to watch for include:
- Potential changes in UK manufacturing output that might affect zinc demand.
- Global market fluctuations influencing zinc prices and UK import costs.
- Environmental regulations impacting zinc production and trade.
