In 2023, the import value of folded or cabled nylon yarn to the UK stood at 3.5 million US dollars. A decreasing trend is forecasted from 2024 to 2028, with a significant reduction in annual import values. From 2024 to 2028, the year-on-year percentage change reveals a consistent decline, reflecting a compounded annual growth rate (CAGR) showing an average decrease per year in imports. Over this five-year period, a downward trajectory is apparent.
Future trends to watch include:
- Shift in trade policies or tariffs impacting imports.
- Technological advancements in production potentially reducing dependency on imports.
- Economic factors in consumer markets influencing demand for nylon yarn products.