The import of Beech lumber in India is projected to decrease from 28.46 thousand cubic meters in 2024 to 25.73 thousand cubic meters by 2028, reflecting a consistent year-on-year decline. In 2023, the imports stood slightly higher. The year-on-year percentage decrease from 2024 to 2025 is approximately 2.46%, and this trend continues with minor reductions each subsequent year. Calculating the Compound Annual Growth Rate (CAGR) from 2024 to 2028 yields an average annual decline of approximately 2.51%.
Future trends to watch for include potential shifts in domestic demand, availability of alternative materials, and changes in international trade policies that could further impact import volumes. Monitoring these factors will be crucial for anticipating any deviations from the current downward forecast trend.
