In 2023, the import value of bleached kraft paper and paperboard weighing 225 g/m2 or more into the UK was at a certain baseline level, as the data for this year is not provided but future forecasts suggest a steady growth. From 2024 onwards, the import values are forecasted to rise continuously from $8.098 million in 2024 to $9.384 million by 2028. This represents a compound annual growth rate (CAGR) of approximately 3.71% over these five years, indicating a consistent upward trend.
Future trends to watch for:
- Potential shifts in global supply chains affecting raw material availability and costs.
- Environmental regulations influencing paperboard product demand and imports.
- Technological advancements in paper processing potentially reducing costs and impacting trade volumes.