The forecast for non-coniferous industrial roundwood imports to India indicates a steady increase over the next five years, beginning at 2.363 million cubic meters in 2024. In 2025, it is expected to grow to 2.4145 million cubic meters, marking a 2.2% increase from 2024. For 2026, imports are forecasted at 2.4654 million cubic meters, a 2.1% growth from the previous year. In 2027 and 2028, the forecast suggests continued growth, with rates of approximately 2.1% and 2.0% respectively. The compound annual growth rate (CAGR) over the five-year period is about 2.1%, indicating consistent incremental growth.
Future trends to watch for include changes in global trade policies, environmental regulations, and domestic production capabilities that could influence the demand-supply dynamics for non-coniferous roundwood in India. Additionally, technological advancements and sustainability initiatives could impact import levels and sourcing strategies.
