The import volume of tarred, bituminized, or asphalted paper and paperboard to the UK is forecasted to decrease gradually from 2024 to 2028, starting from a high of approximately 1.40 million kilograms in 2024 and falling to 1.34 million kilograms by 2028. In 2023, the actual import stood at 1.42 million kilograms. The year-on-year decline is relatively modest, registering around a 1% decrease annually. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to show a small decline, pointing to a steady reduction in import volumes.
Future trends to watch for include potential shifts in UK government trade policies, which may impact the demand for imported materials. Additionally, advancements in alternative materials and sustainability practices could further influence import volumes as industries adjust their sourcing strategies.
