Forest biomass can be used as various types of raw materials such as pulp, wood pellets, solid charcoals and so on. This paper estimates the nation wide amount of forest biomass based on the projection of forest areas for its effective and economic use. Several trend equations are used in projecting the forest areas. In 2009, the forest biomass arising from thinning is estimated be 6,591,575 $m^3$. The estimates of forest biomass in 2015 and 2018 are 6,375,627 $m^3$ and 6,284,779 $m^3$, respectively. Since the forest areas are projected to be declining, the biomass generated by thinning will decrease. This implies that the new alternatives for supplying raw materials for biofuels must be prepared before then.