As of 2023, the actual import of supported catalysts with precious metal or precious metal compounds to the UK stood at an estimated base value, which is steadily increasing each year from 2024 to 2028. Forecasted values show a consistent year-on-year increase: 1.65% from 2024 to 2025, 1.58% from 2025 to 2026, 1.52% from 2026 to 2027, and 1.47% from 2027 to 2028. This upward trend indicates a compound annual growth rate (CAGR) of approximately 1.55% over the five-year period.
Future trends to watch for include regulatory changes affecting imports, technological advancements in catalyst materials, and fluctuations in precious metal prices, which could influence demand and import values.
