The re-import of nickel-cadmium electric accumulators to the UK is forecasted to be on a declining trajectory from 2024 to 2028, starting at $71.73 thousand and decreasing annually due to possibly shifting market dynamics or environmental regulations. Comparing with data from 2023, which stood at $78.1 thousand, the year-on-year decline indicates a contraction in the re-import market. The decrease from 2024 to 2028 is consistent, marking a Compound Annual Growth Rate (CAGR) reflecting negative growth over this period.
Future trends to watch for include:
- Potential regulatory impacts as the UK enforces stricter environmental standards, encouraging a shift to alternative technologies.
- Changes in global supply chain dynamics, which might influence cost structures and sourcing decisions.
- Technological advancements in battery technology that could further diminish the demand for nickel-cadmium batteries.
