Skip to main content
Contact Us
Tools and Resources

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 2016, GVA in primary wood processing (sawmilling, panels and pulp & paper) was reported to be £1.52 billion and GVA in forestry was £0.59 billion.

Table 8.3 Gross value added in forestry and wood processing3, 2012-2016

Standard Industrial

Classification (SIC)1

2012 2013 2014 2015 2016
£ million     
Forestry 307 504 540 658 588
Wood products          
Sawmilling 586 518 356 474 577
Panels2 226 267 436 323 315
Secondary products 1861 1797 1955 2477 2879
Total 2673 2582 2747 3275 3771

Pulp, paper &

paper products

         
Pulp & paper 776 578 596 738 628

Articles of paper &

paperboard

3083 3115 3197 2749 2876
Total 3859 3693 3793 3487 3503
Total wood processing 6532 6275 6540 6762 7274

Total primary

wood processing

1588 1363 1388 1535 1520

Source: Annual Business Survey (Office for National Statistics, May 2018)

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 2013 to 2016 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.

Additional resources

Sources chapter: Finance & prices

Tools & Resources
In this section
Tools & Resources