Forestry Commission logo

Forestry Statistics 2017 - Accessibility

Figure 8.2 - IPD UK Forestry Index: Returns from forestry

previous | next  

The chart shows the annual return and three-year return (annual average) for the period since 1993.

The annual return is negative in 1993, positive for the next 4 years, then negative for the next 5 years to 2002. The annual return then increases rapidly to peak at over 30% in 2007 and again in 2011, with a dip of less than 10% in 2008.  Since 2011, there has been a general decline in the index.

The three-year average return gives a smoother time series, lagging the annual returns. The three-year average is between 5% and 10% a year in the mid-1990s, dropping to -5% a year around 2000. It then increases to peak at over 20% a year in 2007 and again in 2012, dipping to lows of under 15% in intervening years.