The import volume of copper screws and bolts to the UK is projected to decrease progressively from 2024 to 2028. The volume is expected to start at 1.0256 million kilograms in 2024 and fall to 0.78789 million kilograms by 2028. In 2023, the actual import volume stood at approximately 1.1 million kilograms. This forecast indicates a downward trend, with the year-on-year decrease percentage visible each subsequent year. Over five years, the compound annual growth rate (CAGR) is negative, highlighting a consistent decline in imports.
Future trends to watch for include technological advancements that could reduce demand, changes in UK manufacturing sectors that may rely more heavily on alternative materials, and potential shifts in trade policy or tariffs affecting copper imports to the UK.
