In analyzing the forecasted Domestic Material Consumption of Biomass in the UK, the data shows a steady increase from 187.86 million metric tons in 2024 to 191.91 million metric tons in 2028. In 2023, the value stood at 186.85 million metric tons. The year-on-year percentage variations from 2024 to 2028 show minimal growth with a consistent increment of around 0.5% annually. Over the last two years, there has been a similar trend with slight increases.
The Compound Annual Growth Rate (CAGR) over the past five years averages to about 0.5% per year. This suggests a stable but slow growth trend in domestic biomass consumption.
Future trends to watch for include potential policy changes related to renewable energy, advancements in biomass technology, and fluctuations in biomass supply and demand which could influence the consumption patterns.