Biomass Resource Assessment Part I - Gainesville Regional Utilities

acres in 1995 to 8.5 MM acres in 2040. The area in plantations however still is projected toincrease 26%, from 4.3 MM acres in 1995 to 5.4 MM acres in 2040. Currently, the scenario’sprojections are more in line with current 2005 FIA data with respect to total private timberlandarea and area in pine plantations.1210Acres (million)864Lowland HardwoodsUpland HardwoodsOak PineNatural PinePlanted Pine20199519982001200420072010201320162019Year2022202520282031203420372040Figure 23. Projected area of private timberland in northern and central Florida by managementtype under the conservative case SFRA scenario to 2040.For the conservative case, removals are also expected to increase for both hardwoods andsoftwoods, but at a slower rate than the base case scenario (Figure 24). Softwood removals areexpected to increase 80.6% from 1995 to 2040. Hardwood removals are projected to increase37.2%. Once again, growth is projected to exceed removals for softwoods throughout theprojection period, and till 2020 for hardwoods, indicating increasing inventories.Prices are not expected to increase nearly as sharply in the conservative case (Figure 22). Forboth softwoods and hardwoods, real prices are projected to increase only 0.22% per year in realterms.78