The global balsa wood market is projected to attain USD 218 million by 2033, expanding at a CAGR of 3.3% during 2023 - 2033. Balsa wood is renewable in nature. The seeds of the balsa tree, locally called bongos, are a favorite among the natives residing next to the forests of these trees. These edible seeds have a high carbohydrate content and hence are easy to be stored for the long...
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