In 2023, the import volume of Beech logs to India stood at 34.5 million kilograms. The forecast for subsequent years indicates a gradual decline, with a slight reduction each year. The year-on-year variation from 2024 to 2025 is approximately -1.49%, and from 2025 to 2026 it is about -1.48%, continuing this pattern with a uniform decrease rate. From 2024 to 2028, the Compound Annual Growth Rate (CAGR) is estimated to be approximately -1.5%, reflecting a steady downward trend over the five-year period.
Future trends to watch:
- Potential changes in import regulations or tariffs which could affect supply chain dynamics.
- Environmental policies or initiatives influencing the sustainability and sourcing of Beech logs.
- Fluctuations in domestic demand that may arise from economic shifts or changes in construction and furniture manufacturing sectors.
