Key Market Indicators
Jamaican forestry revenue is projected to expand to approximately 8,440 hectares by 2028, according to recent forecasts. This marks a slight increase from the estimated 8,410 hectares recorded in 2023, reflecting an annual growth rate of 0.1%. Since 1995, the country's forestry supply has consistently grown at an average rate of 0.1% per year. This steady increase highlights the resilience and gradual expansion of Jamaica's forestry sector over the past decades. The latest projections underscore the ongoing trend of modest yet sustained growth in the nation's forestry industry.
