The latest National Statistics on Timber Price Indices produced by the Forestry Commission were released on 12 November 2009 according to the arrangements approved by the UK Statistics Authority.
Timber Price Indices are based on Forestry Commission sales and consist of the Coniferous Standing Sales Price Index and the Sawlog Price Index. They present data to September 2009 for Great Britain.
The key points from the latest release are:
- The average price for coniferous standing sales was £8.08 per cubic metre overbark standing in nominal terms in the year to September 2009.
- The Coniferous Standing Sales Price Index for Great Britain was 26.7% lower in real terms in the year to September 2009, compared with the previous year.
- The Softwood Sawlog Price Index was 20.8% lower in real terms in the 6 months to September 2009, compared with the corresponding period of the previous year.
Geographical breakdown: None
Timber Price Indices
Underlying time series data used in constructing the timber price indices
Methodology Paper (August 2008):
Methodology for the Coniferous Standing Sales Price Index
Statistician: Gilly Diggins
Tel: 0131 314 6171
May 2010 (data to March 2010)
November 2010 (data to September 2010)