India's exports of wood products remained resilient in fiscal 2012-13 despite the global recession. Figures from Indian Customs show that wood product exports rose 26% in terms of rupee and 11% in US dollar terms.
Exporters report that overseas demand remains steady and this suggests the specific markets serviced by Indian exporters have been less affected by the recent economic downturn.
Exports of Wood Products (US$ millions)
2011-12 | 2012-13 | |
Cork & cork products | 3 | 2,4 |
Hardboard of wood fibre | 12,7 | 12,7 |
Other articles of wood | 144,8 | 179,5 |
Sandalwood chips | 2,2 | 1,1 |
Sawn timber | 21,3 | 31,4 |
Tea chest panel | 0,1 | 0,1 |
Veneer | 14,8 | 16 |
Wooden furniture | 348,3 | 369,4 |
Other plywood and products | 20,4 | 16,4 |
TOTAL | 567.6 | 628,9 |