The UK's imports of plasticised polyvinyl chloride mixed with other substances in primary forms are projected to decline steadily from 2024 to 2028. In 2023, the imports stood at 5.35 million kilograms. The year-on-year percentage variations indicate a continuous contraction with decreases each year: 2024 marks the start with a slight decrease, followed by a consistent drop through to 2028. The compound annual growth rate (CAGR) over this period highlights an average annual decrease, indicating a shrinking demand or import adjustments.
Future trends to watch for:
- Innovation-driven shifts toward more sustainable materials.
- Regulatory changes impacting plastic usage.
- Economic conditions affecting manufacturing and construction sectors.