In 2023, India's roundwood production stood at 349.78 million cubic meters. The forecasted data from 2024 to 2028 shows a gradual increase, starting from 349.94 million cubic meters in 2024 to 350.64 million cubic meters by 2028.
Year-on-year variations show minimal increases:
- 2024: +0.05%
- 2025: +0.05%
- 2026: +0.05%
- 2027: +0.05%
- 2028: +0.05%
Over the last two years (2022 to 2023), the growth was minimal and over the last five years, the Compound Annual Growth Rate (CAGR) for roundwood production is +0.05%.
Future trends to watch include potential impacts of climate change on forest productivity, government policies regarding deforestation, and initiatives for sustainable forestry practices. These factors could significantly influence roundwood production rates in the forthcoming years.
