In 2023, the import of unwrought lead not containing mostly antimony to the UK was at 420 million USD. The forecast for 2024 shows an increase to 424.9 million USD, indicating a slight growth of around 1.17% year-on-year. The data also suggest a consistent upward trend with slight annual increases: 0.92% in 2025, 0.90% in 2026, 0.87% in 2027, and 0.85% in 2028. Over the five-year forecast period (2024-2028), the Compound Annual Growth Rate (CAGR) for imports is approximately 0.95%.
Future trends to watch for:
- Shifts in environmental policy which may impact lead imports.
- Economic fluctuations influencing demand and pricing of lead.
- Technological developments in alternative materials, potentially altering market demand.