The import of woodfree fine paper weighing less than 40 g/m2 to India is projected to increase steadily from 2024 to 2028. In 2023, the baseline value was lower than the forecasts for 2024 at $15.387 million. Year-on-year growth rates show a stable increase, with an annual compound growth rate (CAGR) of approximately 3.12% over the five-year period.
Future trends to watch for include:
- Potential impacts of fluctuations in global pulp prices on import costs.
- Changes in domestic production capabilities and paperless digital adoption in India.
- Economic factors affecting demand for paper imports.
