In 2023, the UK recorded media imports stood at a value of 72 million euros. The forecast for the upcoming years shows a steady decline in imports from 64.95 million euros in 2024 to 35.33 million euros in 2028. This represents a year-on-year decline starting with -11.3% from 2024 to 2025, followed by -13.1% in 2026, -14.7% in 2027, and -16.9% by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 projects an average annual decrease of approximately 13.3%.
Future trends to watch for include:
- Potential changes in digital media consumption affecting physical media imports.
- Shifts in trade policies or tariffs impacting import costs.
- Technological advancements altering demand for traditional recorded media formats.