The UK imports of non-coniferous wood continuously shaped along any edges are forecasted to rise steadily from 2024 to 2028, starting at 146.61 million kilograms in 2024 and reaching 162.24 million kilograms by 2028. This represents a coherent upward trend, with a consistent year-on-year increase in volume, signifying a robust demand for these wood products.
Year-on-Year Percentage Variations:
- 2024-2025: 2.75%
- 2025-2026: 2.62%
- 2026-2027: 2.50%
- 2027-2028: 2.39%
The compound annual growth rate (CAGR) over the five-year period forecasted stands at 2.56%, reflecting stable growth conditions influenced by the UK construction sector and sustainable wood product preferences.
Future Trends to Watch:
- Potential impacts of UK-EU trade relations post-Brexit.
- Policy shifts favoring sustainable sourcing.
- Technological advancements in wood processing may further influence import volumes.