The forecast for natural gas consumption in the UK's wood and wood products sector indicates a gradual increase from 1.96 thousand terajoules in 2024 to 2.07 thousand terajoules by 2028. This reflects an average annual growth rate (CAGR) of approximately 1.37% during this period. Compared to 2023, the 2024 forecast shows a steady upward trend where the consistent increase highlights a modest yet stable dependency on natural gas.
Looking ahead, key factors influencing future trends include potential advances in energy efficiency, shifts towards renewable energy sources within the sector, and regulatory changes aimed at reducing carbon emissions. Monitoring these elements will provide insights into future consumption dynamics.
