The UK's wood fuel domestic extraction is projected to rise steadily from 2024 to 2028, starting at 1.88 million metric tons and reaching 2.12 million metric tons. In 2023, the actual extraction stood at 1.82 million metric tons. The year-on-year variation is approximately 3% annually, reflecting a gradual increase in wood fuel demand or supply capabilities. The Compound Annual Growth Rate (CAGR) for the 2023-2028 period is approximately 3.11%.
Future trends to monitor include government policies on renewable energy, innovations in wood processing technologies, and shifts in energy market dynamics or climate change policies impacting wood fuel utilization and sustainability practices.
