This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
- The UK has excellent growing conditions for commercial species of conifers.
- There is a large domestic market for timber products, which is not satisfied internally and relies on imports worth £6.4bn per annum.
- Current timber availability projections show significant shortfalls in supply appearing from about 2030.
- The UK has a well-developed, dynamic timber processing industry.
- The UK forestry industry benefits from favourable tax treatment, including on income tax, capital gains tax and inheritance tax.
- Overall the capital value of land has performed well historically.