panels) to 5 percent (industrial roundwood). The fastest growth occurred in the Asia-Pacific, Northern American and European regions, likely due to positive economic growth in these areas. Over 40% of the territory in the European Union is covered by forests. This region has grown via afforestation by roughly 0.4% year in recent decades. In the European Union, just 60% of the yearly forest growth is harvested.

Forests also provide non-wood forest products,