The import of fuel wood, wood in chips or particles, and wood waste to the UK is forecasted to rise steadily from $2.0373 billion in 2024 to $2.371 billion in 2028. This represents a year-on-year growth, highlighting a positive trend across these years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to reflect consistent incremental growth, driven by increasing demand and possibly policy shifts towards alternative energy sources.
Future trends to watch for:
- Changes in environmental policies affecting renewable energy sources.
- Potential impacts of global economic conditions on import capabilities.
- Technological advancements in energy efficiency.
