In 2023, the import value of plywood, veneered panels, and similar laminated wood to the UK was around the mid-700s million US dollars. Based on the forecast, there is a consistent year-on-year growth in import value, starting at 804.22 million US dollars in 2024 and reaching 846.86 million US dollars by 2028. The projected average annual growth rate over these five years suggests a steady increase in demand or price.

Future trends to watch for include:

Possible impacts of evolving trade policies and agreements post-Brexit on import prices and volumes.
Shifts in the construction and furniture industries, which are major consumers of plywood and related materials, influencing demand.
Technological advancements in alternative materials that could impact traditional plywood usage.