The import of coir yarn to the UK is forecasted to grow steadily from 2024 to 2028, with values rising from 618.54 to 671.12 thousand US dollars. This reflects an average annual growth rate of 2.02%. In 2023, the import value was recorded at 605.00 thousand US dollars, showing a gradual upward trend.
Future trends to watch for include:
- Potential fluctuations in global coir production affecting prices and supply.
- Increasing interest in sustainable and eco-friendly materials that might boost demand.
- Trade policies and tariffs that could impact import costs.
- Technological advancements in alternative materials that could alter demand.
