10/09/2012
IFFPA Publishes Its Annual Review
The Irish Forestry and Forest Products Association (IFFPA), the IBEC sector that represents the entire forest industry chain, today published its 2012 Annual Review.
This shows that the sector has repositioned itself as a major exporter in response to a lagging domestic market. In 2010, the sector was worth €2.2 billion to the Irish economy. In 2011, 77% of the forest products which were manufactured in Ireland were exported. These exports were worth €286 million.
However, the IFFPA warned that the failure to reach Government afforestation targets meant that the industry may not have enough indigenous raw material in the coming years to meet demand. In 2011, 6,653 hectares of new forest were planted, a decline of 20% on 2010. Current Government targets are to increase forest cover from 10.6% in 2011 to 17% by 2030. If these targets are not met, the timber processing industry may have to import raw material.
Speaking about the report, IFFPA Director Marian Byron said: "Increased productivity may not translate into job creation unless Government addresses a range of issues that are preventing the private sector from planting trees. The timber processing industry is a real Irish success story having turned itself from largely supplying the Irish construction sector to exporting 77% of what it produces to the UK, France and to new markets in continental Europe. The industry has the capacity to capture more export markets if it has access to raw materials in the years ahead.
"The Government's target of achieving a forest cover of 17% by 2030 is essential to the development of a vibrant forestry sector that will provide jobs, particularly in rural Ireland. Investment in planting must be accompanied by investment in the necessary infrastructure to get product to market. This will include investment in harvesting infrastructure and in forest roads.
"The industry has demonstrated a genuine capacity to develop export markets, generate wealth and create sustainable regional employment. IFFPA maintains that the realisation of Government afforestation targets alongside the required infrastructure development to mobilise raw materials to market, in conjunction with a supportive regulatory framework, will facilitate the continued growth of the sector."
(CD)
This shows that the sector has repositioned itself as a major exporter in response to a lagging domestic market. In 2010, the sector was worth €2.2 billion to the Irish economy. In 2011, 77% of the forest products which were manufactured in Ireland were exported. These exports were worth €286 million.
However, the IFFPA warned that the failure to reach Government afforestation targets meant that the industry may not have enough indigenous raw material in the coming years to meet demand. In 2011, 6,653 hectares of new forest were planted, a decline of 20% on 2010. Current Government targets are to increase forest cover from 10.6% in 2011 to 17% by 2030. If these targets are not met, the timber processing industry may have to import raw material.
Speaking about the report, IFFPA Director Marian Byron said: "Increased productivity may not translate into job creation unless Government addresses a range of issues that are preventing the private sector from planting trees. The timber processing industry is a real Irish success story having turned itself from largely supplying the Irish construction sector to exporting 77% of what it produces to the UK, France and to new markets in continental Europe. The industry has the capacity to capture more export markets if it has access to raw materials in the years ahead.
"The Government's target of achieving a forest cover of 17% by 2030 is essential to the development of a vibrant forestry sector that will provide jobs, particularly in rural Ireland. Investment in planting must be accompanied by investment in the necessary infrastructure to get product to market. This will include investment in harvesting infrastructure and in forest roads.
"The industry has demonstrated a genuine capacity to develop export markets, generate wealth and create sustainable regional employment. IFFPA maintains that the realisation of Government afforestation targets alongside the required infrastructure development to mobilise raw materials to market, in conjunction with a supportive regulatory framework, will facilitate the continued growth of the sector."
(CD)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
15 April 2016
NICEI Report Finds Slight Increase In NI Economy
The economy in Northern Ireland grew by 0.9% in the last quarter of 2015, compared to the same period in 2014. The number was revealed in the latest NI Composite Economic Index (NICEI), which was published today by the Northern Ireland Statistics & Research Agency.
NICEI Report Finds Slight Increase In NI Economy
The economy in Northern Ireland grew by 0.9% in the last quarter of 2015, compared to the same period in 2014. The number was revealed in the latest NI Composite Economic Index (NICEI), which was published today by the Northern Ireland Statistics & Research Agency.
15 April 2013
NI Firms More Optimistic On Job Creation Over The Next Year
The Barclays Job Creation Survey 2013, which questioned over 700 UK businesses, has revealed that Northern Ireland business executives have a growing optimism around private sector job growth in 2013.
NI Firms More Optimistic On Job Creation Over The Next Year
The Barclays Job Creation Survey 2013, which questioned over 700 UK businesses, has revealed that Northern Ireland business executives have a growing optimism around private sector job growth in 2013.
08 December 2010
Construction Recovery Stalled Until 2013
The recovery in construction output experienced by the industry during much of 2010 will stall in 2011 according to the latest forecasts from the Construction Products Association (CPA). Industry output is expected to decline by 2% in 2011 compared with 2010, with a further fall anticipated in 2012.
Construction Recovery Stalled Until 2013
The recovery in construction output experienced by the industry during much of 2010 will stall in 2011 according to the latest forecasts from the Construction Products Association (CPA). Industry output is expected to decline by 2% in 2011 compared with 2010, with a further fall anticipated in 2012.
15 October 2010
Economy Needs Fillip - Not Cut-backs
Stimulating enterprise and trade must be a priority going beyond public sector cuts says banking economists. According to the Northern Bank's Chief Economist Angela McGowan, decision-makers need to bring forward measures for growing the private sector alongside anticapated proposals to slim the public sector.
Economy Needs Fillip - Not Cut-backs
Stimulating enterprise and trade must be a priority going beyond public sector cuts says banking economists. According to the Northern Bank's Chief Economist Angela McGowan, decision-makers need to bring forward measures for growing the private sector alongside anticapated proposals to slim the public sector.
20 May 2011
Construction Industry 'Declines Further'
Northern Ireland's construction industry has continued to suffer significantly from cuts in public spending and the wider economic malaise during the first quarter of 2011. Construction activity continued to fall significantly in first few months of the year, according to the RICS Construction Market Survey.
Construction Industry 'Declines Further'
Northern Ireland's construction industry has continued to suffer significantly from cuts in public spending and the wider economic malaise during the first quarter of 2011. Construction activity continued to fall significantly in first few months of the year, according to the RICS Construction Market Survey.