In 2023, the UK imported around 16.25 million kilograms of zinc oxide and zinc peroxide. Forecasts from 2024 to 2028 indicate a steady decline in imports, with anticipated values of 16.115 million kilograms in 2024 and dropping to 15.7 million kilograms by 2028. The year-on-year variation shows decreasing stability, and over the last two years, the import volumes reflect minor reductions. The compound annual growth rate (CAGR) for the next five years points to a slight annual decrease, showcasing a long-term decline trend.
Future trends to watch for include:
- Shifts in UK manufacturing that rely on zinc oxide and zinc peroxide.
- Changes in global zinc production affecting UK supply routes.
- Economic or regulatory changes impacting import levels.
- Technological advancements potentially reducing demand for imports.
