The import of coniferous hoopwood, split poles, pile, pickets, and stakes to the UK is forecasted to steadily increase from 2024 to 2028. The import value, which stood lower in 2023, is expected to see a compound annual growth rate (CAGR) over this five-year period. Year-on-year growth shows a consistent trend, with slight increases each year, indicating a stable demand for these products in the UK market.
Future trends to watch for include:
- Potential impacts of trade policy changes post-Brexit that could affect import tariffs and logistics.
- Increased focus on sustainability and environmentally friendly sourcing that may influence market dynamics.
- Global supply chain fluctuations due to ongoing geopolitical or economic shifts.
- Innovations in construction and landscaping influencing product demand.