The forecast for UK veneer sheets imports indicates a steady decline from 2024 to 2028, with values decreasing from €14.03 million to €7.48 million. Notably, in 2023, imports stood at €16.00 million. Year-on-year variations illustrate a continuous reduction, with notable annual declines: -11.82% in 2025, -13.33% in 2026, -15.20% in 2027, and -17.67% in 2028. Over the forecast period, the compound annual growth rate (CAGR) is projected at -14.34%.
Future trends to monitor include:
- Potential shifts in industry demand affecting import levels.
- Impact of domestic production changes on import dependency.
- Trade policy developments post-Brexit influencing import regulations and costs.