The forecasted import of logs of Keruing, Ramin, Kapur, Teak, Jongkong, and Merbau wood to the UK shows a consistent upward trend from 2024 through 2028, with values rising from 9.899 million USD in 2024 to 10.862 million USD in 2028. There is a noticeable increase in imports year-on-year, with annual growth rates averaging around 2.6%. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.4%.
Future trends to watch for include potential fluctuations in demand due to changes in UK construction and furniture manufacturing sectors, as well as the impacts of any trade policies or environmental regulations influencing the importation of these specific wood types.
