Forestry is Brexit-prone

Warning of Brexit shock for fast expanding forest sector.

A hard Brexit could unleash a perfect storm on Ireland’s forestry sector.

Almost 80% of wood-based panel exports and 70% of sawn timber exports go to the UK. 

And markets could come under pressure from an anticipated increase in roundwood supply over the next two decades, from a current annual production of almost four million cubic metres to eight million by 2035.

“Most of this increase is expected to come from private forestry owners, and the current expectations are that the vast majority of the timber is destined for the UK market,” said Agriculture Minister Michael Creed last week, answering a Dail question from Wicklow Fianna Fail TD Stephen Donnelly.

Mr Creed said the Government remains focused on supporting the forestry sector through the challenges ahead, including those related to competitiveness, potential extra competition, and reduced demand from the UK market.

More in this Section

Emotional conflict one of the snags that can derail a farmland sale

Why you need careful planning and expert advice for a TAMS II application

Caroline started with four hens. Now she supplies SuperValu

Selective dry cow therapy is not without risk


Today's Stories

Gardaí won’t be disciplined over false breath tests

Convicted garda resigns from force

Government back from brink - but FG parliamentary party told to prepare for vote in mid-January

Rehab to rebrand to reflect strategy

Lifestyle

Having fled the Nazis, Elizabeth Friedlander created her own typeface before moving to Kinsale

On the double: Jennifer Zamparelli and balancing a hectic life and baby number two

Trim back for the festivities with these Christmas fitness tips

The 40-year-old charity that ensures no-one dies alone and poor

More From The Irish Examiner