The forecast for the import of sawdust and wood waste and scrap to India shows a consistent downward trend from 2024 to 2028, starting at 3.0588 million kilograms in 2024 and declining to 1.7866 million kilograms in 2028. In 2023, the actual import volume was recorded at 3.4085 million kilograms, indicating a year-on-year decrease of 10.26% for 2024. The decline continues with year-on-year decreases of 10.72% for 2025, 11.76% for 2026, 13.04% for 2027, and 14.72% for 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is forecasted to be approximately -11.65%.
Future trends to watch for include potential policy changes and environmental regulations that may impact the import landscape. Additionally, advancements in alternative materials and recycling technologies could further influence the demand and supply dynamics for sawdust and wood waste in India.
