Norway – Against record year for harvest and prices

If the good operating conditions remain the rest of the year, 2018 can be a record year in terms of total impact and timber prices reports Gina Aakre –
Norwegian Forest Owners Association. It shows figures from the Agriculture Directorate.

The average timber price was NOK 426 per cubic meter, which is 18 percent higher than the same time last year. The impact is so far this year at the same level as in 2017, despite lower activity during the drought this summer. In total, 8.2 million m3 of timber has been decommissioned until 2018, of which 2.4 mill m3 timber has been decommissioned in the third quarter. It reports the Agriculture Directorate.

High demand for domestic and export timber demand has led to a rise in timber prices from an already high price level, and the increase in mass has been particularly pronounced.

“In the skating industry, we are accustomed to prices varying with the business cycle, but we have rarely experienced such a significant rise in prices as the one we now see in the massacre,” says Per Guldbrand Solli, section head of the Danish Agricultural Directorate.

The price of pomegranate from pine and pine increases by 42 and 48 per cent respectively compared with the same period last year. By comparison, the average price of wood and pinewoodwoods increased by 7.5 and 3.4 per cent.

In July, the activity in the forest is usually low due to holiday vacations, this year the summer harvest is also affected by the extreme drought.

The figures show that this turn in September, and that the harvest increases relative to last year. If the good operating conditions remain the rest of the year, 2018 will be a record year both in terms of total impact and timber price.

“The forest represents a contribution to the economy for those affected by the drought in agriculture this summer,” comments Solli.

Traditional forest fences in the inland have been the main source of increased impact, following the same pattern as previous years.

Photo: Timber prices are still rising, and in the autumn there has been a lot of activity in the forest. (Photo: Åsmund Lang)