The imports of untreated coniferous logs and poles to India are predicted to sharply decline from 2024 to 2028, with volumes dropping from 7.0386 million kilograms in 2024 to just 0.51631 million kilograms by 2028. This represents a compounded annual growth rate (CAGR) of significant negative value. Comparative data for 2023 is not specified, but the drop in forecasted values indicates market contraction.
Between 2025 and 2028, the forecasted average annual decline exceeds 31%, signaling a severe downturn.
Future trends to watch for include:
- The impact of domestic policy changes on timber imports.
- Potential shifts towards sustainable alternatives and domestic sourcing.
- Global economic factors that could alter forecasted import needs.
