The UK's non-ferrous metal trade balance is expected to show a slight downward trend from 2024 to 2028, with a consistent annual decrease in the volume of exports. Starting at 732.58 thousand metric tons in 2024, the trade balance is anticipated to shrink to 713.94 thousand metric tons by 2028. The reduction in volume from year to year is indicative of a steady decline, with an average annual decrease (CAGR) over this period. As of 2023, the value stood slightly higher than the forecasted figures, underscoring a consistent downtrend in subsequent years.

Future trends to watch include:

Global economic shifts affecting commodity prices and demand.
Technological advancements in recycling and alternative metals reducing dependence on non-ferrous metals.
Trade policy changes post-Brexit influencing export-import dynamics.
Environmental regulations impacting metal production and trade practices.