The import of borates of metals to the UK is forecasted to increase from 7.6237 million kilograms in 2024 to 8.5875 million kilograms in 2028. In 2023, imports were measured to be approximately 7.4 million kilograms. The year-on-year growth rate ranges between 3.25% and 3.49%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 3.34%.

Future trends to watch for include:

Shifts in global demand for borates due to emerging technologies and green initiatives.
Potential impacts of trade policies and Brexit on import-export regulations and costs.
Fluctuations in global supply chains affecting availability and pricing.