The forecast for Non-Coniferous Wood Fuel Production in India shows a slight and steady decline from 2024 to 2028, dropping from 290.96 million cubic meters in 2024 to 290.82 million cubic meters in 2028. In 2023, the value stood at 291.00 million cubic meters. The year-on-year variation reveals a marginal decrease of approximately 0.03% each year over the last two years. The CAGR over the last five years is projected to be around -0.02%, indicating a consistently minor downturn in production volume.
Future trends to watch for:
- Environmental regulations and sustainability initiatives might impact production methods and volumes.
- Technological advancements in alternative fuel sources could affect the demand for non-coniferous wood fuel.
- Policy changes in forest management and land use could influence production trends.