In 2023, the actual import of sacks and bags with a base width of 40 cm or more to the UK stood at a specific volume. The forecast for 2024 to 2028 suggests a gradual decline in import volumes from 9.4257 million kilograms in 2024 to 7.6707 million kilograms in 2028. Year-on-year, this downward trend is characterized by an average decrease in volume. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a consistent average yearly decline.
Future trends to watch for include:
- Changing consumer demand potentially affecting import volumes.
- Trade policy adjustments post-Brexit impacting import volumes.
- Increasing focus on sustainability possibly leading to shifts in material preferences and import sources.