The import volume of shuttering for concrete constructional work of wood to the UK is predicted to gradually decline from 2.8711 million kilograms in 2024 to 2.8672 million kilograms by 2028. This represents a very slight consistent annual decrease over the forecast period. In 2023, the imports stood at approximately 2.872 million kilograms. The year-on-year decline remains steady and consistent, reflecting a stable market with minimal fluctuation. The compound annual growth rate (CAGR) indicates a negligible negative trend over these forecasted years.
Future trends to watch include potential shifts in construction practices that may affect demand for wooden shuttering. Advancements in alternative materials or methods that offer greater sustainability or efficiency could alter import needs. Additionally, economic factors and domestic production capabilities might impact the market dynamics.
