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.