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Timber Price Indices to March 2011

The latest National Statistics on Timber Price Indices produced by the Forestry Commission were released on 12 May 2011 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 March 2011 for Great Britain. 

The key points from the latest release are:

  • The average price for coniferous standing sales was £13.70 per cubic metre overbark standing in nominal terms in the year to March 2011.
  • The Coniferous Standing Sales Price Index for Great Britain was 34.8% higher in real terms in the year to March 2011, compared with the previous year.
  • The Softwood Sawlog Price Index was 0.1% higher in real terms in the 6 months to March 2011, compared with the corresponding period of the previous year.

Coverage:  GB
Geographical breakdown:  None

First Release: 
Timber Price Indices (Data to March 2011)

Data: 
Longer time series (including underlying data used in constructing the timber price indices)

Quality:
Quality Report:  Timber Price Indices

Methodology Paper (August 2008):
Methodology for the Coniferous Standing Sales Price Index

Statistician:  Sheila Ward

Contact:
Jackie Watson
Tel:  0131 314 6171
E-mail:  statistics@forestry.gsi.gov.uk

Next Update:
November 2011 (data to September 2011)
May 2012 (data to March 2012)