The article deals with the regional priorities of the forest industry potential formation. The forest industry of the region is an important component of the regional economic potential formation, which ensures of the assimilation potential of individual territories formation and the expanded reproduction of the forest resource base. Regional priorities of potential formation should take place on the basis of a comparative assessment of individual regions forestry potential, since the forest sector is characterized by uneven location of the forest resourses due to the natural and climatic factors and to the factors of socio-economic development of individual regions. The dynamics of wood production volumes shows a long-term growth trend, with two recessions in the period from 2007 to 2009, and in 2017, as compared to the previous year. The area of felling, fluctuating from 358 thousand hectares to 419 thousand hectares in the last 9 years. The application of methods of economic-mathematical modeling using data from 1997 to 2017 allows us to obtain an adequate regression line (R2 = 0.9061), which is described by a quadratic model, and gives all grounds to predict an increase in the wood logging index in 2018 to 23,684 thousand m3. The increase in indicstors of deforestation area and wood logging in Ukraine during the last period requires revision of forestry policy based on a retrospective analysis of industry trends and the assessment of regional forestry potential in order to restore the resource base. The comparative estimation of forest resources potential of Ukraine’s regions on the basis of taxonomic level development indicator of region’s forestry potential (TLD) allows to divide regions on 3 groups: 1. Regions with high level of forest resource potential (ТLD 0,98 – 0,46): Zhytomyr, Rivne, Volyn, Kyiv, Lviv, Ivano-Frankivsk, Chernigiv and Zakarpattia regions; 2. Regions with an average level of forest resource potential (TLD 0.43 – 0.29): Sumy, Vinnytsia, Khmelnytsky, Chernivtsi, Cherkasy, Poltava, Kharkiv, Kirovograd regions; 3. Regions with low level of forest resource potential (ТРР 0,26 – 0,06): Odesa, Ternopil, Mykolayiv, Kherson, Donetsk, Dnipropetrovsk, Zaporizhzhya, Lugansk regions.