In 2023, the import of non-coniferous tropical industrial roundwood to India stood at 1,200 thousand cubic meters. The forecast from 2024 to 2028 indicates a significant decline, with imports dropping from 971.39 to 109.83 thousand cubic meters. The year-on-year decline from 2024 to 2028 shows a consistent negative trend, with particularly steep declines noted in the final two years. The compound annual growth rate (CAGR) over this period is negative, suggesting a heavy contraction in import volumes.

The following trends should be closely monitored:

An increase in domestic production or reduced demand for tropical roundwood in India could further influence this decline.
Government policies and global trade agreements may impact future import levels.
Environmental and sustainable sourcing considerations could alter import patterns.