In 2023, the UK imported 55 million EPROMs. The projected imports from 2024 to 2028 show a consistent decline in volume. Comparing year-on-year changes, there is a notable negative trend starting with a 8.5% decrease from 2024 to 2025, followed by 9.1%, 9.8%, and 10.6% reductions in the subsequent years until 2028. The compound annual growth rate (CAGR) over this forecasted period is approximately -9.0%, indicating a significant downward trajectory in EPROM imports.
Future trends to monitor include:
- The impact of technological advancements possibly reducing the need for traditional EPROMs.
- Shifts in global supply chains and manufacturing locations.
- Potential economic and political factors affecting trade and electronics demand.