For the first time in over two decades, British pop stars failed to make it into the worldwide annual chart of the year's top 10 best-selling singles or albums.
Despite major releases from Coldplay, Dua Lipa and Charli XCX, fierce competition from the US and South Korea kept homegrown acts from the top 10.
Previously, British acts have appeared in at least one of the two top 10 lists every year since at least 2003, the BBC reports.
Two more US artists - folk-pop singer-songwriter Noah Kahan and country musician Morgan Wallen - completed the list.
Jo Twist, chief executive of British record industry body the BPI, told the BBC: "British artists may have enjoyed stronger years on the international stage, which perhaps isn't surprising given some of our biggest names were not in cycle in 2024."
However, there was still plenty to celebrate, she said, with new generations of acts breaking through: "Charli XCX [enjoyed] a breakthrough year globally, alongside international chart successes for emerging artists such as Jordan Adetunji, Artemas and Good Neighbours, while the likes of Lola Young and Myles Smith are now rapidly building an international following."
She admitted that it was becoming "much harder" to break talent in a "hyper-competitive global music economy", while asserting that UK record companies do "an amazing job" at nurturing new talent.
When it came to the songs chart, Benson Boone topped the list with his single "Beautiful Things", which became a viral track on TikTok last year. Similarly, Teddy Swims, Shaboozey and Noah Kahan - all hugely popular on the platform - made it into the top 10 with their respective songs.
Kendrick Lamar came in at number eight with his Grammy-winning diss track, "Not Like Us", while Irish artist Hozier's song "Too Sweet", from an extended version of his 2023 album Unreal, Unearth, was at number six.
This weekend, UK music achievements will be celebrated at the annual Brit Awards at the O2 Arena in London, with Charli XCX, Central Cee, Dua Lipa, The Cure and Ezra Collective among the nominees.