Forecast: Import of Boards of Vegetable Fibre with Mineral Binder or Cement to the UK

As of 2023, the import of boards of vegetable fibre with mineral binder or cement to the UK stood at $53.2 million USD. Forecasts from 2024 to 2028 indicate a steady increase in import value from $55.75 million USD to $65.396 million USD, reflecting a compound annual growth rate (CAGR) of 4.1%. In 2024, the imports are expected to rise by 4.8% year-on-year compared to 2023. The import value is projected to continue this upward trajectory through 2028 without significant volatility.

Future trends to watch for include:

  • Fluctuations in the construction and building materials sector, which could affect demand for imported boards.
  • Potential regulatory changes in trade policies post-Brexit that may impact import tariffs and costs.
  • Technological advancements in material production that may alter the demand dynamics.

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