The forecast for the import of uncoated kraft paper into the UK shows a gradual decline from 2024 to 2028, decreasing from 85.537 million kilograms in 2024 to 81.482 million kilograms in 2028. In 2023, the imported volume stood at 86.5 million kilograms, serving as a baseline for observing the downward trend. The year-on-year variation indicates a steady decline in demand, with approximate annual percentage decreases of about 1.2% to 1.3%, while the 5-year compound annual growth rate (CAGR) stands at approximately -1.2%, reflecting a persistent declining trend.
Future trends to watch for:
- Shifts in sustainability policies that may affect demand for paper products.
- Impact of digitalization and alternatives to traditional packaging.
- Potential changes in trade policies or tariffs affecting imports.
- Long-term impacts of economic fluctuations on industrial demand.
