As of 2023, the UK’s re-import of air brakes and parts thereof for railway rolling stock stood at approximately 2.78 thousand kilograms. Forecasted data suggests a steady, albeit minimal, increase in volume over the next five years, with projected volumes reaching 2.86 thousand kilograms by 2028. Each year sees a marginal year-on-year growth rate, with an average year-on-year increase of roughly 0.36%. The compound annual growth rate (CAGR) is forecasted to be around 0.5% over this five-year span, indicating a modest but consistent upward trend in re-import volumes.
Future trends to monitor include technological advancements in railway air brake systems which could impact re-import demands, potential shifts in global trade policies affecting the UK, and domestic production capacities for these parts that may influence import needs.
