The import of statuettes and other ornaments of wood to India is forecasted to grow steadily from 322.92 thousand kilograms in 2024 to 373.98 thousand kilograms in 2028, reflecting a consistent annual increase. When compared to 2023, the data indicates a positive trend, showing a year-on-year increase in volume. Between 2024 and 2028, the compound annual growth rate (CAGR) suggests a sustained rise in imports, maintaining the momentum observed over the last years.
Future trends to watch for:
- Changes in consumer preferences for wooden decorative items.
- Impact of government policies on import tariffs and trade agreements.
- Potential influence of environmental concerns and sustainable sourcing.
