In 2023, UK imports of non-coniferous plywood with 1 or 2 outer plies were estimated to be below 1.9 million cubic meters. The projected growth from 2024 to 2028 shows an upward trend, with values forecasted to rise steadily each year. From 2024 to 2028, imports are expected to grow from 1.9268 million cubic meters to 2.1267 million cubic meters. The annual growth rates suggest an approximate CAGR, indicating a positive trajectory within this timeframe.
Future trends to monitor include:
- Changes in demand for sustainable construction materials.
- Impact of Brexit on trade policies and tariffs.
- Global supply chain disruptions or recovery trends.
- Technological advances in plywood production enhancing efficiency.
