The import of welded tubes and pipes with an external diameter greater than 406.4 mm to the UK is on a downward trend, moving from an actual figure in 2023 to continuously decreasing forecast values from 2024 to 2028. This represents a consistent year-on-year decline, indicating a reduction in import volume.
Future trends to watch for could include the impact of global steel prices and UK infrastructure projects that may affect demand for large-diameter welded pipes. Additionally, shifts in trade policies, especially post-Brexit adjustments, may influence future import volumes. Monitoring domestic production capabilities and technological advancements in alternative materials may also be pertinent.