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WORLD INDUSTRY NEWS
20.02.2008

Norwegian forest owners increased felling in 2007

In 2007 a total of 8.2 million m3 of timber for industry uses was felled in Norway. This is 850,000 m3, i.e. 12 % more than in the previous year. The reason for the increase was the good timber prices. Felling has not been that extensive since the years 1994/1995 apart from the exception year 2005.

The gross value of the timber sold to industry was 3 billion NOK, (375 million €) i.e. an increase of 32 % in comparison with the previous year. Preliminary estimates indicate that forest owners' selling prices increased to 370 NOK (46.25 €) per cubic meter. This is 57 NOK (7.0 €) more than in 2006 and the best price forest owners have had since 1999, even taking account of inflation.

Forecasts for 2008 indicate a reduction of saw timber prices, but an increase of the price for pulpwood.


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See also:

In 2007 Belorus increased the volume of furniture export by 2.9 %
    20.02.2008 | WORLD INDUSTRY NEWS
Russia: Natural Resources Ministry to Blunt Axes
    26.02.2008 | WORLD INDUSTRY NEWS
Sierra-Leon’s timber is prohibited to export
    26.02.2008 | WORLD INDUSTRY NEWS
Greenpeace report angers furniture retailer
    12.02.2008 | WORLD INDUSTRY NEWS



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