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8: Finance & Prices

Introduction

This chapter contains statistics on:

  • timber prices;
  • gross value added (GVA);
  • Government expenditure on forestry; and
  • grant schemes.

Estimates for England, Wales, Scotland and Northern Ireland are included, where possible, in addition to UK or GB totals.  Further information on the data sources and methodology used to compile the figures is provided in the Sources chapter.

Most of the statistics presented in this chapter have been previously released. Some of the figures for earlier years have been revised since Forestry Statistics 2020.  For further details on revisions, see the Finance & Prices section of the Sources chapter.

A copy of all Finance & Prices tables can be accessed in spreadsheet format from the Data Downloads web page at www.forestresearch.gov.uk/tools-and-resources/statistics/data-downloads/.

Key findings

The main findings are:

  • The Coniferous Standing Sales Price Index for Great Britain was 1.0% higher in real terms in the year to March 2021, compared with the previous year.
  • The Softwood Sawlog Price Index for Great Britain was 15.4% higher in real terms in the 6 months to March 2021, compared with the corresponding period of the previous year.
  • Gross value added (GVA) in primary wood processing (sawmilling, panels and pulp & paper) was £1.57 billion in the UK in 2019. GVA in forestry was £0.65 billion.
  • Net expenditure on public forests by Forestry England/ Natural Resources Wales/ Forestry and Land Scotland in 2020-21 totalled £14.0 million in 2020-21. A further £72.9 million was spent by the Forestry Commission, Welsh Government/ Natural Resources Wales and Scottish Forestry on other forestry activities.
  • A total of £64.4 million was paid in grants for forestry by the Forestry Commission, Welsh Government, Scottish Forestry and Northern Ireland Forest Service in 2020-21.

Downloads

FS2021: Finance & Prices

PDF, 0.70 MB

Chapter 8 text in PDF format

FS2021: Finance & Prices tables

XLSX

Chapter 8 tables in Microsoft Excel format

FS2021: Finance & Prices tables

ODS

Chapter 8 tables in OpenDocument Spreadsheet format

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