The import of high-tenacity filament yarn of nylon to the UK is projected to decline from 6.0194 million kilograms in 2024 to 5.3439 million kilograms in 2028. This presents a steady downward trend over the forecast period, with a year-on-year decrease ranging from approximately 2.89% to 3.06%. The compound annual growth rate (CAGR) over five years indicates an average annual decrease of around 2.91%. In 2023, actual figures show imports were higher than the forecasted decline starting in 2024.
Future trends to watch include potential shifts in manufacturing preferences towards sustainable alternatives, fluctuations in raw material costs, and changes in trade policies post-Brexit, which may impact import levels either positively or negatively.
