Earnings from wood production in non-industrial private forests exceeded EUR 1.7 billion in 2015. Compared to the previous year, earnings increased by 5.4 per cent in real terms due to higher felling volumes, despite stumpage prices falling by 1.3–2.5 per cent except for hardwood logs.
According to provisional data published on 30 August 2016, investments in wood production in non-industrial private forests amounted to EUR 136 million. The data did not include the costs of forest road construction and improvement or ditch network maintenance. Taking into account the total costs of the aforementioned works, estimated on the basis of subsidies granted to such works pursuant to the Act on the Financing of Sustainable Forestry in 2015 and the self-financing shares of forest owners, investments in wood production amounted to EUR 164 million, which is one fifth less than in 2014.
The operating profit of non-industrial private forestry was EUR 1.5 billion in 2015, which equates to EUR 116 per hectare of forest land available for wood production. As more accurate information about costs becomes available, the volume of investments is likely to go up, which in turn will lower the operating profit.
In the future, regional statistics will not be compiled on the administrative and other costs of non-industrial private forestry. In 2014, these costs amounted to EUR 5.1–8.0 per hectare in areas governed by Southern Finnish Forest Centres and to EUR 2.6–3.8 per hectare in Northern Finland.
The area figures are based on forest land available for wood production instead of forest land as before, the effect of which on the per-hectare figures is +0.6 per cent across the country.
Nominal values have been converted to real value using a cost-of-living index (1951=100).
Operating profit in non-industrial, private forestry (deflated using the cost-living index)
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