The forecast for India's non-coniferous roundwood imports shows a declining trend from 2024 to 2028, with volumes decreasing from 1.5685 million cubic meters in 2024 to 1.0003 million cubic meters in 2028. In 2023, the imports stood higher than these forecasted values, marking a continuous downward trend. A year-on-year analysis reveals a consistent reduction, with an average annual decrease of about 10% per year over the five-year forecast period.
Future trends to watch for include:
- Potential shifts in domestic sourcing which could reduce reliance on imports.
- Regulatory changes impacting forestry and import practices.
- Technological advancements affecting wood consumption efficiency.
