In 2023, the import volume of paper and paperboard, coated or impregnated with substances such as wax or glycerol to the UK stood at 7.82 million kilograms. The forecast for the years 2024 to 2028 indicates a gradual increase, with an average annual growth rate (CAGR) over the five-year period being minimal but consistent. The year-on-year variations show a steady increase: 2024 to 2025 by 0.51%, 2025 to 2026 by 0.50%, 2026 to 2027 by 0.49%, and 2027 to 2028 by 0.48%.
Future trends to watch for include:
- Sustainability shifts possibly influencing the import mix, with growing emphasis on eco-friendly materials.
- Impact of Brexit on trade tariffs and agreements, potentially affecting import volumes and pricing dynamics.
- Technological advances and innovations in material coatings that might alter demand and supply trends.