In 2023, the import of wood marquetry, laid, caskets, and cases for jewels to India stood at 1.085 million US dollars. Between 2024 and 2028, this value is forecasted to grow steadily, reaching 1.1502 million US dollars by 2028. The year-on-year variations indicate a consistent upward trend, averaging an increase of approximately 1.1% annually, with a compound annual growth rate (CAGR) over five years forecasted at approximately 1.25%.
Future trends to watch for include potential changes in trade policies between India and exporting countries, fluctuations in international wood prices, and shifts in consumer preferences towards sustainable materials which could influence demand and import dynamics in the sector.
