Page 11 - FDMAsia JanFeb 2025

MARKET BEATS 9
www.fdmasia.com | FDM ASIA JAN/FEB 2025

Market Trends In The Recent forests provide 91 percent of the nation’s wood supply, support

Forest Industry thousands of rural jobs, and create natural buffers for critical
ecosystems. However, these lands face increasing pressure
from development, climate change, and rising land values.

US forest service commits $265 million to conserve As Forest Service Chief Randy Moore highlighted, “Thanks
forestlands to the Inflation Reduction Act, we are protecting parcels we
The US Department of Agriculture’s Forest Service has never thought we’d have the resources to secure, allowing future
announced a $265 million initiative to conserve nearly 335,000 generations to enjoy the irreplaceable benefits they provide.”
acres of forestland across the United States, reported from
environmentenergyleader.com. UK forestry sales decreased 55%
This funding—secured through President Biden’s Inflation According to The UK Forest Market Report 2024, £95.4 million
Reduction Act—will support 21 projects in 17 states, a move worth of forestry was listed for sale in the UK in 2024, which
that underlines a growing commitment to protect American constitutes a 55 percent decrease on the previous year’s figures.

forests from development pressures. These funds will not only The report was composed by Building Sustainable Worlds
conserve forests but also bolster local economies, maintain (BSW) Group’s Tilhill Forestry, and Goldcrest Land & Forestry
biodiversity, and support rural livelihoods. Group, providing a comprehensive overview of the industry,
Forestlands in the US cover approximately 823 million detailing key financial trends, regional market insights, and
acres, with around 39 percent of these forests privately owned. emerging investment opportunities.
Conservation of these lands is crucial, as privately owned Head of Forestry Investment at Tilhill Forestry, Xander

European State Forest Association