Forecast: Import of Automobiles With Spark-Ignition Internal Combustion Reciprocating Piston Engine of a Cylinder Capacity 1500-3000 CC to the UK

The import of automobiles with spark-ignition internal combustion reciprocating piston engines of a cylinder capacity between 1500-3000 CC to the UK is forecasted to decline from 2024 to 2028. The value in 2024 is projected at 208,850 units, down from the actual imports of 212,000 units in 2023. This downward trend continues with annual percentage reductions, leading to a notable drop to 119,580 units by 2028. The year-on-year variations show this consistent decline, reflecting a compound annual growth rate (CAGR) of -11% from 2024 to 2028.

Future trends to watch for include:

  • The shift towards electric vehicles, which may further reduce demand for traditional internal combustion engines.
  • Policy changes in the UK favoring zero-emission vehicles could accelerate the decline of conventional car imports.
  • Economic conditions influencing consumer purchasing power and preferences towards more sustainable options.

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