In 2023, the import value of cut or sawn slabs of marble, travertine, or alabaster to the UK stood at $18.5 million USD. According to forecasts, this value is expected to decline to $17.858 million USD in 2024, followed by gradual annual decreases, reaching approximately $15.177 million USD by 2028. This exhibits a consistent downward trend, declining by around 3-4% annually. Over the entire forecast period, the compound annual growth rate (CAGR) suggests a negative trend, indicative of shrinking import activity in this segment.
Future trends to watch for in this sector include:
- Potential impacts of economic fluctuations and construction industry demands.
- Shifts in trade policies or tariffs post-Brexit that could affect import dynamics.
- Sustainability trends and their influence on material preferences.
