In 2023, the UK's biomass trade balance stood at 49 million metric tons. From 2024 to 2028, the forecasted growth in biomass trade balance is steady, with values rising gradually from 50.47 to 54.65 million metric tons. This represents a year-on-year increase of around 2% each year. The compounded annual growth rate (CAGR) over this five-year period is approximately 2.01%, highlighting consistent growth in biomass trade.
Future trends to watch for include:
- Potential policy changes impacting biomass trade.
- Technological advancements in biomass processing and usage.
- Shifts in global biomass supply chains and market demands.
