Industry Analysis & Industry Trends
As the major service segment in the Forestry and Logging industry, forestry activities, such as tree planting and replanting, have generally increased at a slow average rate for about a decade. This has been due to steady demand from governments, local authorities and woodland owners for these forestry services, particularly as government bodies outsourced services during these years, and as replanting or restocking levels have generally increased, while new plantings declined.
Increased land values over the past decade contributed to stronger forestry activity and growth as woodland owners pursued higher returns. Favourable taxation provisions for woodland owners over the past two decades have also benefited the industry... purchase to read moree
Industry Report - Industry Products Chapter
The main service segment provided by the industry is forestry restocking, which is estimated to account for 45% of total industry revenue in 2011-12, almost unchanged since 2006-07. Forestry replanting involves the replanting of trees in woodland and timber tracts, and other properties, and can be broken down into conifer (33% of total industry revenue) and broadleaf (12%) replantings. This segment generally increased steadily to 2008 due to high and increasing timber and land prices, as well as strong demand, but declined from 2009 to 2011.
Forestry new plantings are estimated to account for 17% of total industry revenue in 2011-12, and have declined steadily since 2006-07 from an estimated 25% of total industry revenue due to limited new areas to plant new trees... purchase to read more