The forecast for the import of semi-chemical wood pulp to India indicates a steady year-on-year increase from 2024 onwards: from 366.41 million kilograms in 2024 to 434.38 million kilograms in 2028. This translates to a year-on-year growth rate of approximately 4.8% on average. The compound annual growth rate (CAGR) for the period spanning 2024 to 2028 is projected to be around 4.3%.
In 2023, imports were held at a lower volume, necessitating the need for this supply boost to meet domestic demand. Monitoring these trends is essential for stakeholders in the paper and packaging industries, as global supply chain challenges and India's economic policies could influence both supply availability and cost.
Future trends to watch for:
- Global market conditions and geopolitical factors impacting raw material availability.
- Domestic policy changes in India's import tariffs or environmental regulations.
- Technological advancements in the production and processing of semi-chemical wood pulp.
- Consumer demand trends and economic growth in India affecting consumption patterns.
