In 2023, the final consumption of liquefied petroleum gases (LPG) in the UK wood and wood products sector stood at a certain level in thousand tonnes of oil equivalent (exact data not provided). Forecasts for the period from 2024 to 2028 demonstrate a consistent annual growth, with an increase from 6.28 to 7.22 thousand tonnes. Year-on-year growth shows a stable pattern, suggesting a positive outlook for this segment, with a compound annual growth rate (CAGR) providing an average context over the five-year forecast period.
Trends to watch for the future include:
- Potential impact of sustainability initiatives on LPG demand.
- Technological advancements in the wood sector impacting energy usage.
- Policy changes related to renewable energy adoption.