The forecast for the import of lumber of Oak (Quercus Spp) to India from 2024 to 2028 shows a consistent upward trajectory. The import volume, recorded at 4.1335 Million Kilograms in 2024, is projected to increase steadily, reaching 4.9185 Million Kilograms by 2028. This represents a compound annual growth rate (CAGR) indicative of a robust demand for this type of lumber. Year-on-year growth is positive, revealing a consistent expansion of the market.
Future trends to watch for include potential fluctuations in import volumes due to changes in domestic demand, global pricing, and trade regulations. Monitoring the sustainability trends and supply chain dynamics in the global market will be crucial.
