Based on the forecasted data provided, the year-on-year variations are as follows:
- 2024-2025: -2.46%
- 2025-2026: -2.47%
- 2026-2027: -2.50%
- 2027-2028: -2.50%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -2.48%, indicating a steady decline in the sold production of dyes and pigments in the UK.
As the data suggests a continued decline in production, possible factors such as industry shifts, regulatory changes, and advancements in alternative technologies may further impact this trend. Monitoring these elements will be crucial for stakeholders in this market.
