The forecast for re-import of gravure printing machinery to the UK from 2024 to 2028 indicates a declining trend. The data shows a decrease from a value of 3.41 in 2024 to 1.53 by 2028. Assuming the value stood higher in 2023, this suggests a consistent year-on-year decrease in re-import values. The compound annual growth rate (CAGR) is expected to reflect this persistent downward trend over the five years.
Future trends to watch for include:
- Technological advancements in printing that might reduce the need for re-importation.
- Potential shifts in UK trade policies affecting machinery imports.
- Economic pressures that might alter investment in such machinery.
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