Lead Author: Robert Hattersley
This report reviews existing studies estimating future timber prices and price elasticities of demand for emerging species and different product categories, focusing on studies most relevant to UK timber markets. The emerging species considered are those tree species predicted to have a more prominent role in UK forestry in the future. Undertaken as part of Forest Research’s Research Programme on Markets for forest products and services, the review aims to provide information to support the transition to a low carbon economy in the context of a changing climate and to help inform decisions on planting alternative emerging species.
