The forecast for India's fibreboard imports from 2024 to 2028 shows minimal year-on-year variation, with volumes remaining nearly constant around 151.5 thousand cubic meters. As of 2023, the volume stood at a very similar level, highlighting a stagnation trend over the next five years. The consistent forecast suggests a negligible compound annual growth rate (CAGR), indicating a plateau in import demand over the period.
Future trends to watch for include potential shifts in domestic production, which could reduce the dependency on imports, or changes in industry regulations affecting the import landscape. Additionally, monitoring economic factors that can impact construction and manufacturing sectors, key users of fibreboard, will be crucial for anticipating shifts in demand.
