The re-import of silicones to the UK is set to increase steadily from 2024 to 2028. The forecast shows an upward trend with a compound annual growth rate (CAGR) reflecting a consistent rise in volume. In terms of year-on-year growth from 2024 onwards, the data predicts a slight but consistent increase, demonstrating stable demand in the UK market.
Future trends to watch for include:
- Potential impacts of Brexit-related trade negotiations, which might affect import patterns and costs.
- Advancements in silicone technology and sustainability trends influencing demand.
- Economic fluctuations that could alter spending and import capabilities.