The import of motor vehicles with diesel or semi-diesel engines over 2,500 cm³ to the UK is set to see a consistent increase from 2024 to 2028. In 2023, the number of imports stood at 61.50 thousand items, marking a stable rise as we enter 2024. The year-on-year change shows gradual growth: 0.58% in 2025, 0.56% in 2026, 0.56% in 2027, and 0.52% in 2028. Calculating the compound annual growth rate (CAGR) over the five-year period reveals an average yearly increase of 0.55%.
Future trends to consider include:
- Transition to electric or hybrid vehicles impacting diesel import volumes.
- Potential changes in government policies affecting diesel vehicle imports.
- Fluctuations in consumer preferences towards lower environmental impact vehicles.