In 2023, imports of tropical non-coniferous veneer sheets to the UK stood at around 2.20 thousand cubic meters. Forecast data show a steady decline from 2024 to 2028, dropping from 2.03 to 0.47 thousand cubic meters. Year-on-year variations indicate decreases: 2025 (-19.22%), 2026 (-23.78%), 2027 (-31.20%), and finally 2028 (-45.35%). Over the five-year forecast period, the compound annual growth rate (CAGR) reflects a significant negative trend indicative of declining demand or transition to alternative materials.
Future trends to watch include economic factors affecting construction demand, UK's environmental policies pushing for sustainable materials, and potential technological advancements in the production of veneer sheets affecting import needs.
