The value added of non-ferrous metals in the UK is projected to increase steadily between 2024 and 2028 from 2.19 to 2.27 billion pounds. This forecast suggests modest year-on-year growth in this sector, indicative of stable demand and potentially increased efficiency in production processes. Given this trajectory, the compound annual growth rate over the five-year forecast period implies a consistent yearly rise.

Future trends to watch include:

Global shifts in raw material supply chains that may influence production costs and profitability.
Technological advancements in metal refining processes that could enhance efficiency and reduce environmental impact.
Regulatory changes affecting green energy and recycling efforts, driving demand for non-ferrous metals.
Economic factors such as inflation and exchange rates that could impact the cost of manufacturing and exports.