In 2023, the re-import value of statuettes and other ornaments of wood to the UK was approximately 13.5 thousand US Dollars. Starting from this base, a continuous decline is projected over the next five years, with values dropping to 11.36 thousand US Dollars in 2024 and further down to 3.38 thousand US Dollars by 2028. The Compound Annual Growth Rate (CAGR) over the forecasted period shows an average decrease of 28.4% per year, indicating a consistent decline in the re-import market for these goods.

Future trends to watch for include:

Potential shifts in consumer preferences toward more durable, sustainable materials or locally sourced ornaments.
Changes in UK trade policies or tariffs that could impact re-import volumes.
Fluctuations in global wood supply and pricing affecting market dynamics.