The forecast for the import of silicones in primary forms to the UK indicates a gradual increase from 2024 to 2028. Starting at 40.734 million kilograms in 2024 and climbing steadily to 42.485 million kilograms by 2028, the data shows a consistent upward trend. In 2023, the volume stood at 40.294 million kilograms, highlighting a year-on-year increase of approximately 1.1% from 2023 to 2024.
Over the five-year forecast period, the compound annual growth rate (CAGR) is projected at around 1.05%. Key trends to watch include potential impacts of environmental regulations, technological advancements, and shifts in industrial demand which could affect the pace of silicone imports.
