The forecast for the re-import of nickel alloy bars, rods, and profiles to the UK shows a gradual increase from 2024 to 2028. In 2023, the market stood at a certain level, with forecasted values indicating a consistent year-on-year growth rate beginning in 2024. Specifically, from 2024 to 2028, the growth in value is projected to sustain, culminating in an average annual growth rate (CAGR) over five years.

Future trends to watch for include:

The impact of global nickel supply chain fluctuations on the UK market
Technological advancements in the utilization of nickel alloys
Regulatory changes affecting imports and exports between the UK and other countries