In 2023, the import volume of pigments, opacifiers, and colors for ceramics or glass to the UK was recorded at a higher level than forecasted for 2024. The subsequent five-year forecast indicates a consistent decrease in import volume from 7.2042 million kilograms in 2024 to 6.8009 million kilograms by 2028. The year-on-year percentage change highlights a steady decline, suggesting a shifting trend away from these imports. The compounded annual growth rate (CAGR) from 2024 to 2028 further illustrates an average annual contraction in import volume.
Future trends to monitor include:
- The impact of changes in domestic production capabilities.
- Developments in sustainable and alternative materials.
- Fluctuations in global supply chain dynamics and international trade policies.
- Shifts in demand for ceramics and glass within the UK market.
