The forecast for India's imports of wood chips, particles, and residues indicates a gradual increase from 2024 through 2028, starting at 9.44 thousand cubic meters in 2024 and rising to 10.33 thousand cubic meters by 2028. This reflects a year-on-year growth rate of about 2.42% on average. In 2023, the actual import value stood at 9.22 thousand cubic meters, demonstrating a consistent upward trend.

Future trends to watch for include:

Potential changes in international trade policies impacting import tariffs.
Developments in the domestic timber industry could affect the dependency on imports.
Economic factors and shifts in demand for wood-based products in India.