From 2013 to 2018, the UK saw modest increases in packaging paper imports, peaking at 2.29 Million Metric Tons in 2018. However, a declining trend commenced in 2019, with significant drops through 2021, reaching 1.93 Million Metric Tons by 2023. Over the last two years, the year-on-year variations remained relatively stable with minimal decline. The CAGR from 2018 to 2023 was -3.4%, indicating a notable average annual decrease.

Looking forward, the forecast data from 2024 to 2028 suggests that import levels will plateau around 1.92 Million Metric Tons. The projected CAGR over these years shows a marginal decline at -0.06%, reflecting a stable but slightly contracting market.

Future trends to watch for:

The impact of sustainability initiatives and regulatory changes on packaging material preferences.
The influence of economic conditions and trade policies post-Brexit on import volumes.
Advancements in packaging technologies and their effect on paper demand.