The re-import of DC motors and generators under 750 watts to the UK is forecasted to decline steadily from 2024 to 2028. In 2023, the import value was higher than the projected figures for the upcoming years. The year-on-year decrease is consistent, showing a clear downward trajectory: -13.5% in 2025, -15.3% in 2026, -17.7% in 2027, and -21.1% in 2028. This results in a five-year CAGR of approximately -16.3%, highlighting a sustained reduction in imports.
Future trends to watch for include:
- The impact of technological advancements in alternative energy sources and their influence on demand for traditional DC motors.
- Changes in UK manufacturing policies and their effect on domestic production capacities versus import needs.
- Currency fluctuations and global economic shifts that could affect trade dynamics.
