Forecast: Import of Natural Gum, Resin, Gum-Resin, Balsam to the UK

The forecast for the import of natural gum, resin, gum-resin, and balsam to the UK from 2024 to 2028 shows a gradual decline in volume, from 921.57 thousand kilograms in 2024 to 759.12 thousand kilograms in 2028. Compared to 2023, this represents a notable downward trend. Year-on-year variations indicate consistent reductions, with an average compound annual growth rate (CAGR) over five years reflecting a decrease.

Future trends to watch for include:

  • Potential impacts of global market changes on supply and demand.
  • Economic factors within the UK that might influence import levels.
  • Technological advances or substitutes that could affect the usage of natural gums and resins.

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