The forecast for plastics waste Extra-EU28 imports to the UK from 2024 to 2028 shows a steady increase. Specifically, imports are expected to grow from 16.37 thousand metric tons in 2024 to 18.3 thousand metric tons by 2028. The year-on-year increase averages around 3% across this forecast period. In 2023, the value of imports stood at a lower figure, indicating a consistent upward trend through the upcoming years. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is calculated to describe the yearly growth rate amid these predictions.
Future trends to watch:
- Global policies limiting non-recyclable plastics could impact future import volumes and types.
- Technological advancements in recycling might influence the UK's demand for imported plastic waste.
- Environmental and economic shifts may alter the UK's waste management strategies, affecting import levels.