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Gross value added

Gross value added (GVA) measures the contribution to the economy of each individual producer, industry or sector in the United Kingdom. It is the difference between the value of outputs and the value of intermediate consumption, so mainly comprises employment costs and profits.

The Annual Business Survey (ABS) carried out by the Office for National Statistics (ONS) includes statistics on gross value added for different industries, classified using the UK Standard Industrial Classification (SIC 2007). Further information on the ABS is available from the ONS website .

Table 8.3 shows that, in 2014, GVA in primary wood processing (sawmilling, panels and pulp & paper) was reported to be £1.39 billion and GVA in forestry was £0.58 billion.

Table 8.3 Gross value added in forestry and wood processing3, 2010-2014
Standard Industrial Classification
(SIC)1
2010 2011 2012 2013 2014
£ million
Forestry 329 416 307 504 582
Wood products
Sawmilling 415 435 586 518 355
Panels2 327 197 226 267 437
Secondary products 1 630 1 822 1 861 1 797 1 971
Total 2 372 2 454 2 673 2 582 2 763
Pulp, paper & paper products
Pulp & paper 628 888 776 578 596
Articles of paper & paperboard 2 912 3 160 3 083 3 115 3 200
Total 3 541 4 049 3 859 3 693 3 796
Total wood processing 5 913 6 503 6 532 6 275 6 559
Total primary wood processing 1 370 1 520 1 588 1 363 1 388

Source: Annual Business Survey (Office for National Statistics, June 2016)

Notes:

1. Categories are based on the UK Standard Industrial Classification (SIC 2007) categories.
Further details on the SIC codes used are provided in the Sources: Employment and businesses page.

2. The 2010, 2011, 2013 and 2014 figures for panels have been suppressed in the figures released by ONS, so the figures here cover both panels and the manufacture of assembled parquet floors (SIC 16.22) for those years. Panels accounted for 98% of the total of SIC codes 16.21 (panels) and 16.22 in 2012.

3. Excludes other wood-using industries.

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