In 2023, the actual value added of forestry and logging in the UK was approximately 920.0 Million Pounds Sterling. From 2024 onwards, the forecast suggests a consistent year-on-year increase. Notably, from 2024 to 2025, the value grows by roughly 3.1%, and this upward trend continues with a similar increase in subsequent years. The average compound annual growth rate (CAGR) over the next five years is anticipated to be around 3.1%, indicating steady growth in the sector.

Future trends to watch for include:

The impact of sustainability initiatives driving demand for sustainable timber products.
Potential market disruptions from advancements in logging technology.
Global economic factors affecting the import-export balance of timber and logging products.