In 2023, the UK imported approximately 929.57 thousand kilograms of finishing agents and dye carriers used in the leather or similar industries. The forecast predicts a steady increase from 2024 to 2028, with volumes ranging from around 935.77 to 956.8 thousand kilograms. Year-on-year percentage growth is projected to be modest, with increments of about 0.6% to 0.7% annually. The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024-2028) is approximately 0.57%.
Future trends to watch for:
- Potential shifts in global trade policies and supply chain logistics that could affect import volumes.
- Technological advancements and environmental regulations that might influence the demand and composition of these chemicals.
- Market demand fluctuations driven by the fashion and automotive industries' evolving needs.