Statistics, Trend and Scenario of Wood log Import in India
DOI:
https://doi.org/10.36808/if/2021/v147i1/154473Keywords:
Wood Logs, Import, Ports of India, Forcasting, ARIMA Model.Abstract
Import of wood logs to India from top ten countries in terms of volume were studied and analysed in this paper. The study was done in terms of value and quantities based on twenty-five years of import statistics from Year 1991 to 2016. The trend of wood import from these countries was studied. Top ten ports in India receiving such imports were also analyzed in The import of wood log terms of value and quantities. From the import statistics, it was observed that Malaysia, New Zealand and Myanmar were top three exporters to has increased b y more India during 2011 to 2016 with 9503.72 cum (31.14%), 7797.09 cum (25.55%) and 4394.99 cum (14.40%) respectively. However, it was seen that till 1996 the major import of wood logs of about 1837.45 cum (51.23%) was received from Malaysia. The major import of wood logs during 2011-16 was received at Kandla port of about 14952.61 cum (49%) followed by adjoining Mundra port with 5248.14 cum (17.20%), Tuticorin maximum with 3498.24 cum (11.46%) and Kolkata ports with 2502.49 cum (8.20%). The major import of wood logs is being received at Kandla port since year 2000. Further in the study, with the help of Auto Regressive Integrated Moving Average (ARIMA) model, forecasting of wood log mostly import was made for 5 years, from 2016-2017 to 2020-2021.References
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