As of 2023, the import value of unbleached kraft paper and paperboard weighing 150 g/m2 or less into the UK stood at 24.5 million USD. Forecasts through 2028 depict a slight declining trend, showing gradual decreases in value each year, from 24.378 million USD in 2024 to 23.918 million USD in 2028. This decline illustrates a consistent reduction in import value, averaging a small negative CAGR over the five-year span.
Future trends to watch for:
- Potential shifts in demand due to changes in manufacturing and packaging preferences towards sustainable and eco-friendly materials.
- Impact of geopolitical factors and trade agreements post-Brexit influencing import costs and supply chain dynamics.
- Technological advancements in recycling and paperboard production impacting local production versus imports.