In 2024, the forecast for the UK’s imports of engineered wood is projected at 331.83 million euros, rising steadily to 365.54 million euros in 2028. This indicates a consistent upward trend with a year-on-year increase averaging around 2.6%. By the end of this forecasting period, the compound annual growth rate (CAGR) is expected to be approximately 2.4%. While historic data is unavailable for 2023, the maintained growth trajectory reflects sustained demand within the UK construction and manufacturing sectors.

Future trends to watch for include:

Changes in construction regulations and building standards that could influence demand for sustainable materials.
Potential economic fluctuations impacting the housing market and broader construction industry.
Technological advancements in engineered wood production that could alter import demands and supply chain dynamics.