Operating profit in non-industrial private forest 2022

Data corrected on 6.2.2024. 
Read more on the page Changes and corrections in the statistics.​

The operating profit in non-industrial private forestry fell slightly but remained at a high level. The upturn in the forest industry and the end of timber imports from Russia boosted demand for domestic timber, which was, however, reduced by a long work stoppage by a major timber user early in the year. Felling volumes fell slightly, but real wood prices rose despite high inflation.

• The operating profit decreased in real terms by 2% to EUR 162 per hectare, totaling EUR 2,205 million.
• The operating profit per hectare in euros increased by 4,7% from the previous year, but high inflation meant that the result was negative in real terms by 2,0%. Compared with the five-year average, income rose by 10% in real terms.
• In Southern Finland, the operating profit was EUR 210 per hectare.  In real terms, the result was down by 1% compared to the previous year. In Northern Finland, the result was EUR 65 per hectare (-6%). Northern Finland includes the regions of North Ostrobothnia, Kainuu and Lapland.
• Studied by region, the highest hectare-specific operating profit was achieved in Päijät-Häme (EUR 307 per hectare) and Kanta-Häme (EUR 282 per hectare). In Lapland, the operating profit was EUR 41 per hectare.
• The income from wood production in private forestry amounted to EUR 2,435 million in the whole country, equivalent to an average of EUR 179 per hectare. The revenue used is gross stumpage income, which is calculated by multiplying the volumes of timber harvested by their stumpage sales prices.
• Investments in wood production investments remained at just under EUR 15 per hectare (EUR 200 million). The amount includes the estimated value of work carried out by forest owners. The total costs of non-industrial private forestry, including the estimated administrative expenses and equivalents, was EUR 20 per hectare (–5%).
• Some investments in wood production are funded by state subsidies. In 2022, state subsidies were EUR 37 million (EUR 2.7 per hectare). The amount of subsidies decreased by 18% in real terms compared to the previous year. More than EUR 20 million of reserved subsidies remained unused, more than ever before.