Forecast: Import of Non-Coniferous Wood Continuously Shaped Along Any Edges to India

The import of non-coniferous wood continuously shaped along any edges to India is projected to show an upward trend from 2024 to 2028. In 2023, imports stood at approximately 36 million kilograms. Year-on-year, the import volume is expected to increase by around 5% in both 2024 and 2025, and it continues at a consistent growth rate through to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 4.9%, indicating stable demand growth for these wood imports.

Future trends to watch for include:

  • Potential policy changes in India affecting wood import tariffs or sustainability regulations.
  • Supply chain dynamics, particularly how global forestry practices and environmental policies influence availability.
  • Economic factors, such as GDP growth, which impacts construction and furniture industries driving wood demand.

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