The forecast for non-coniferous plywood imports to the UK from 2024 to 2028 shows a gradual annual increase. Starting at 1.06 million cubic meters in 2024, the volume is expected to reach 1.1 million cubic meters by 2028. For comparison, the imports stood at 1.05 million cubic meters in 2023. The year-on-year growth rate is consistent at approximately 0.01 million cubic meters annually, which translates into a modest average growth rate over the five-year period.
Future trends to watch for include:
- Sustained demand driven by construction and manufacturing sectors.
- Impact of economic factors such as exchange rates and trade agreements on import volumes.
- Innovations and changes in the building material market affecting preference for non-coniferous plywood.