The import of storage units (HDDs) to the UK is forecasted to decrease steadily from 11.088 million items in 2024 to 8.3109 million in 2028. This represents a consistent year-on-year decline, with the largest drop occurring between 2027 and 2028, at approximately 7.5%. The compound annual growth rate (CAGR) over the five-year period is projected to be negative. In 2023, the import volume stood at 11.5 million items, indicating an annual decline anticipated throughout the forecast.
Future trends to watch for:
- Continued shift to SSDs and cloud storage services may accelerate the decline in HDD imports.
- Technological innovations and cost reductions in alternative storage solutions could further impact HDD demand.
