In 2023, the UK's import of polyethylene with a specific gravity exceeding 0.94 in primary forms stood at 595.5 million kilograms. Forecasts indicate a gradual increase from 2024 to 2028, starting at 603.69 million kilograms in 2024 and reaching 640.2 million kilograms by 2028. The year-on-year growth rates are approximately: 1.56% in 2025, 1.5% in 2026, 1.45% in 2027, and 1.39% in 2028. Over this five-year period, the Compound Annual Growth Rate (CAGR) is forecasted to be around 1.45%.
Future trends to watch include fluctuations in global demand, environmental regulations influencing polymer imports, and potential advancements in polyethylene alternatives that could impact these forecasts. Geopolitical factors and supply chain dynamics might also affect the polyethylene market in the UK.
