In 2023, the import of woodfree fine paper exceeding 150 g/m2 to the UK amounted to approximately $81.928 million. The forecasted data from 2024 to 2028 shows a gradual decline each year, with the value expected to decrease from $81.608 million in 2024 to $80.365 million in 2028. This indicates a consistent downward trend with minor year-on-year reductions of around 0.4% to 0.5% during this period. The compound annual growth rate (CAGR) over these five years is expected to reflect a steady decrease, reinforcing the reducing trend in imports.
Future trends to watch for:
- Potential shifts in demand for woodfree fine paper due to digital transformation and environmental considerations.
- Trade policy changes post-Brexit that could impact import costs and demand.
- Evolving competitive pressures from alternative materials and suppliers.
