Key Market Indicators
Irish Forestry Revenue is projected to expand significantly over the next few years, with the total forested area expected to reach approximately 701,000 hectares by 2028. This marks an increase from the current 686,000 hectares recorded in 2023. The growth rate is anticipated to be steady, with a compound annual growth rate (CAGR) of 0.4%. This upward trend is part of a longer historical pattern. Since 1995, the supply of forested land in Ireland has been on the rise, showing an average annual growth rate of 0.6%. These figures reflect a consistent and sustainable increase in Irish forestry, underscoring the sector's potential for continued expansion in the coming years.
