In 2023, the number of enterprises in the UK wholesale of metals and metal ores sector stood at approximately 1.50 thousand. The forecast data indicates a slight decline over the next five years, with the number dropping to approximately 1.47 thousand by 2028. The year-on-year variation shows a marginal decrease of about 0.67% per year. Over the last two years, the sector has demonstrated resilience with a more or less stable enterprise count.

Key future trends to watch for include:

Impact of global metal price fluctuations and their influence on market entrants and exits.
Technological advancements and their role in operational efficiencies within the sector.
Regulatory changes potentially affecting the landscape of metal trade in the UK.
Brexit-related trade implications that could alter business operations and viability for enterprises in this sector.