Forecast: Import of Logs of Beech (Fagus Spp) to India

In 2023, the import of logs of Beech (Fagus Spp) to India was recorded at a level that provides a baseline for future projections. In 2024, imports are forecasted to be 13.16 thousand cubic meters, decreasing steadily each year to 11.64 thousand cubic meters by 2028.

The year-on-year percentage change indicates a continuous decline, with imports decreasing by approximately 3% annually over the first couple of years. The Compound Annual Growth Rate (CAGR) over the next five years is anticipated to be negative, reflecting an average yearly decline in imports.

Future trends to watch include:

  • The impact of domestic production capabilities and any improvements in harvesting technology on import demand.
  • Policy and trade agreement changes that might affect the availability and cost of foreign-sourced logs.
  • Potential shifts in demand driven by the construction and furniture industries.

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