In 2023, the import value of extruders for working rubber or plastic to the UK stood at approximately 10.32 thousand. By 2024, this is forecasted to decrease to 9.95 thousand, marking a year-on-year drop of 3.6%.
Over the forecasted period from 2024 to 2028, a consistent decrease is evident, with values declining by 3.7% annually on average, as reflected in the compound annual growth rate (CAGR), dropping from 9.95 thousand to 8.53 thousand.
Key trends to watch for include:
- The potential impact of technological advancements on demand for new extruders.
- Trade policies and international economic dynamics affecting UK importation costs and decisions.
- Increasing environmental regulations could lead to shifts in material processing and equipment investments.