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.
Geographical breakdown: None
Timber Price Indices (Data to March 2011)
Quality Report: Timber Price Indices
Methodology Paper (August 2008):
Methodology for the Coniferous Standing Sales Price Index
Statistician: Sheila Ward
Tel: 0131 314 6171
November 2011 (data to September 2011)
May 2012 (data to March 2012)