UkrBio project — ukrbio.com:

world 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 ˆ) 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 ˆ) per cubic meter. This is 57 NOK (7.0 ˆ) 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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