In 2023, the UK imported spruce-fir roundwood worth approximately 90 million Euros. The forecast for 2024 anticipates a value of 101.23 million Euros, marking a substantial increase. Subsequent projections indicate a consistent upward trend, reaching 180.24 million Euros by 2028.

The year-on-year growth rates hover around 19-21% from 2024 through 2028. Over the entire five-year forecast period, the compound annual growth rate (CAGR) stands at approximately 14%.

Future trends to watch for include:

Fluctuations in global timber prices impacting UK imports.
Changes in UK construction demand.
Regulatory developments concerning sustainable forestry practices.
Potential effects of Brexit-related trade adjustments on import costs and volumes.