India: COVID-19 Impact on Indian Forest Products Sector

  |   Attaché Report (GAIN)

Contact:

Office of Agricultural Affairs, New Delhi   |   (011-91-11) 2419-8769

Link to report:

India: COVID-19 Impact on Indian Forest Products Sector

The Indian forest products industry has been hit hard by COVID-19 and the resulting nationwide lockdown as demand from the construction, real estate, hospitality, and tourism sectors is at a virtual standstill. The slowdown in new housing construction has especially reduced overall demand for domestic and imported wood products. India’s imports of forest products during January-July 2020 declined by 39 percent to $804 million, compared to the same period last year. Similarly, U.S. exports of forest products to India declined by 40 percent to $21.5 million during the same period.

India: COVID-19 Impact on Indian Forest Products Sector

COVID-19, Exporting
South and Central Asia, India
Forest Products

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Morocco: Food Processing Ingredients

Morocco’s food processing sector plays an essential role in the Moroccan economy, accounting for 6 percent of Moroccan GDP and benefits from excellent infrastructure, world-class manufacturing facilities, and convenient access to neighboring African markets.
Attaché Report (GAIN)

Mexico: Grain and Feed Annual

Due to continued elevated agricultural input costs, Mexico’s corn production in marketing year (MY) 2023/24 is forecast at 27.4 million metric tons (MMT), unchanged from the year prior. Lower than expected planting intentions data accounts for slightly lower rice and wheat production forecasts.
Attaché Report (GAIN)

Israel: Grain and Feed Annual

FAS Tel Aviv (Post) forecasts Israel’s wheat imports to reach 1.70 million metric tons (MMT) in marketing year (MY) 2023/24, a 2.8 percent decrease from Post’s MY 2022/23 figure.