The forecast for wood fuel direct material inputs in the UK shows a gradual increase from 2024 to 2028, starting at 2.25 million metric tons and reaching 2.54 million metric tons. In 2023, the direct inputs stood at 2.17 million metric tons. Annually, this represents consistent growth, with a compound annual growth rate (CAGR) of approximately 3.6% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Potential shifts in energy policies impacting wood fuel demand.
- Technological advancements in wood fuel processing and usage.
- Environmental regulations affecting wood fuel sourcing.
- Market dynamics between wood fuel and alternative renewable energy sources.
