In 2023, imports of moulds for glass to the UK stood at 27 million USD. The forecast indicates a steady annual growth, with values expected to rise to 29.005 million USD by 2028. Year-on-year variations between 2024 and 2028 reflect a stable growth rate; from 2024 to 2025 the increase is approximately 1.5%, and similarly, around 1.5% for each consecutive year thereafter. The compounded annual growth rate (CAGR) over the five-year forecast period is projected to be approximately 1.5%, indicating a consistent upward trend in import value.
Future trends to monitor include potential impacts of Brexit on trade tariffs, shifts in manufacturing patterns globally that could influence demand, and the development of technology in mould-making which may affect supply and pricing strategies.
