In 2023, the UK imported 108.00 thousand cubic meters of non-coniferous industrial roundwood. The forecast for 2024 to 2028 shows a steady increase in imports by approximately 1.75% year-on-year. Specifically, the projected figures are 110.51 in 2024, rising to 118.17 by 2028, culminating in a Compound Annual Growth Rate (CAGR) of about 1.73% over the five-year period.
Future trends to watch for:
- Evaluate the impact of potential policy changes on the timber industry, such as tariffs or trade agreements.
- Monitor technology advancements in timber processing that may affect import needs.
- Assess sustainability initiatives influencing demand for non-coniferous roundwood.