In 2023, coniferous sawnwood production in India stood at 199.31 thousand cubic meters. For the years 2024 to 2028, the forecasted production data shows a steady year-on-year increase: 207.04 thousand cubic meters in 2024, 215.41 in 2025, 223.7 in 2026, 231.9 in 2027, and 240.03 in 2028.
Year-on-year percentage variations indicate consistent growth in the production of coniferous sawnwood. From 2024 to 2028, annual increases are approximately 4% in 2024, 4% in 2025, 3.8% in 2026, 3.7% in 2027, and 3.5% in 2028. The compounded annual growth rate (CAGR) for this period stands around 4%.
Future trends to watch include potential impacts of environmental policies on forestry practices, advancements in sustainable forestry management, and fluctuations in domestic and international demand which could affect production volumes.
