In 2023, the UK's import of air or gas compressors and hoods stood at 11.4 million. Starting from 2024, the forecast data shows a consistent increase in the value of imports, projecting growth each year up to 13.312 million by 2028. This indicates an upward trend with stable year-on-year growth percentages. The compound annual growth rate (CAGR) for these five years is moderate, reflecting steady expansion in import value.
Future trends to watch for include:
- Potential impacts of technological advancements on compressor demand.
- Economic factors affecting trade policies and supply chain stability.
- Environmental regulations driving shifts in the types of compressors imported.