The import of logs of Oak (Quercus Spp) to India was approximately 10.14 thousand cubic meters in 2023. From 2024, forecasts predict a gradual increase in imports: 10.45 in 2024, 10.74 in 2025, 11.01 in 2026, 11.29 in 2027, and 11.55 in 2028. Year-on-year changes indicate a steady growth with a CAGR of 2.62% over the five-year period. This trend suggests a consistent rise in demand or supply needs for oak logs in India.
Future trends to watch for include:
- Potential fluctuations in global supply chains that may impact availability and import levels.
- Economic or policy changes within India affecting import duties or requirements for oak logs.
- Environmental policies impacting the logging industries in exporting countries and thereby influencing export volumes to India.
