The import of corrugated paper and paperboard to the UK is projected to decline steadily from 17.467 million kilograms in 2024 to 16.182 million kilograms in 2028. This projection showcases a year-on-year decrease starting from 2025, reflecting a noticeable downward trend in import volumes. As of 2023, actual import figures were 17.800 million kilograms, indicating a diminishing trend from 2024 onwards, with a compound annual growth rate (CAGR) predicting a consistent reduction over the five-year period.
Future trends to watch for:
- Potential policy changes post-Brexit impacting trade agreements and import tariffs.
- Shifts in environmental regulations promoting recycled paper use, possibly reducing imports.
- Technological advancements in local manufacturing could further influence import volumes.