From 2023 to 2028, India's import of lumber of Meranti Red, Meranti Bakau, and White Lauan wood shows a continuous increase in volume, starting from an actual figure to a forecast of 43.66 thousand cubic meters. The import volume is predicted to rise annually, reflecting a consistent year-on-year growth. The compound annual growth rate (CAGR) over this period suggests a steady uptrend. Monitor developments in domestic logistics, foreign exchange rates, and trade regulations that may impact this upward trajectory. Economic factors and construction industry demand in India are critical influences to watch for, potentially affecting future import volumes.
