In 2023, the import of office machines parts and accessories to the UK stood at 7.38 thousand items. The forecast from 2024 to 2028 indicates a consistent decline, with anticipated imports dropping from 7.25 thousand items in 2024 to 6.74 thousand in 2028. This represents an approximate year-on-year decrease of 1.79% from 2023 to 2024 and a cumulative annual growth rate (CAGR) of -1.45% over the five-year period.
Future trends to watch for:
- Potential impacts from technological advancements leading to reduced demand for component imports.
- Changes in trade agreements or tariffs affecting import volumes and cost.
- Economic fluctuations influencing corporate spending on office machinery and related parts.