As of 2023, the import volume of densified wood to the UK stood at 10.3 million kilograms. Forecasts indicate a declining trend from 2024 to 2028, with values dropping from 10.152 million kilograms in 2024 to 9.2516 million kilograms by 2028. This represents a consistent annual decrease, with a compound annual growth rate (CAGR) showing a slight downward trajectory over this period.
Future trends to watch for:
- Focus on sustainable materials could impact densified wood imports.
- Potential shifts in UK construction and manufacturing industries affecting demand.
- Geopolitical factors influencing trade policies and import regulations.