In 2023, the UK imported wood chips and wood particles worth approximately 102.7 thousand cubic meters. Moving forward, the forecasted data shows a consistent year-on-year decline in import volumes, with a decrease of 2.28% in 2025, 2.29% in 2026, 2.31% in 2027, and 2.30% in 2028. This reflects a five-year CAGR of roughly -2.33%, indicating a gradual but steady downward trend in import volumes.
Future trends to watch include shifts in the renewable energy sector, changes in domestic forestry policy, and international trade agreements, which could significantly impact the UK's demand for imported wood chips and particles.
