The most recent COFORD timber forecast for the Island of Ireland produced the following conclusions:
- All Ireland supply of timber is forecast to increase from 3.8 million M3 at present to 4.7 million M3 by 2020 and 6.5 million M3 by 2028. This increase in supply will come from the private sector.
- Demand by 2020 is forecast at 6.3 million M3 made up of conventional demand of 3.6 million M3 and 2.7 million M3 for biomass.
- Therefore the roundwood supply demand deficit by 2020 is forecasted at almost 2 million M3 with demand far outstripping supply.