Over a year purchase prices of coniferous trees have increased by 11%; prices of birch trees have varied

17.09.2013

According to the information on the average purchase prices of round timber compiled by the Central Statistical Bureau,compared to 2012, the average purchase prices of round timber in the 1st half of 2013 have increased on coniferous trees, but prices of birch round timber varied depending on the size – on thinnest type prices have decreased, but on thickest type - increased.

In the 1st half of this year, purchase prices of coniferous tree sawlogs, compared to average purchase prices of 2012, on average have grown by 11%, i.e., on pine sawlogs by LVL 2-5 /m3 and on spruce sawlogs by LVL 3-7 /m3.

In the 1st half of this year slight price fall was observed in the birch sawlog market – of LVL 1.8 /m3 on thin birch sawlogs, however, price on thick timber has raised by LVL 2 /m3.

Black alder and asp sawlog, which in amount is small and specific in Latvia’s market, maintained purchase prices at the level of 2012 and even increased them slightly – by LVL 3 /m3 on black alder and by LVL 1.6 /m on asp.

Purchase price on birch veneer logs, compared to the previous period, has dropped – on veneer logs of A category by LVL 2.6 /m3 and on veneer logs of B category by LVL 1 /m3.

Average purchase prices of round timber by tree species and timber types, LVL/m3

Timber types

1st half of 2011

2nd half of 2011

1st half of 2012

2nd half of 2012

1st half of 2013

Pine

diameter to 14 cm

31.05

30.45

27.94

27.55

30.37

diameter 14-18 cm

39.86

38.51

40.52

39.77

45.24

diameter 18-26 cm

43.57

42.12

43.26

43.55

47.36

diameter above 26cm

46.04

44.76

43.89

44.85

51.95

Spruce

diameter to 14 cm

31.58

29.68

30.66

30.07

32.87

diameter 14-18 cm

41.06

41.39

40.39

41.58

46.52

diameter 18-26 cm

43.48

43.56

44.22

45.09

52.16

diameter above 26cm

42.14

44.94

45.86

46.00

52.77

Birch

diameter 18-24 cm

32.50

33.81

34.08

36.37

34.62

diameter above 24 cm

35.05

35.28

38.34

39.07

41.52

Black alder

diameter 18-24 cm

25.80

24.49

23.26

23.03

26.02

diameter above 24 cm

31.36

31.47

33.26

30.57

30.58

Asp

diameter 18-24 cm

25.57

26.21

23.63

24.67

26.24

diameter above 24 cm

28.98

29.94

29.21

29.46

30.53

Birch veneer logs

A category

40.32

42.69

44.73

44.48

41.84

B category

39.29

40.62

39.25

39.26

38.28

Packing timber (of deciduous trees)

26.14

25.67

24.23

24.87

25.83

At the moment some kind of round timber deficit has arisen in forest industry in Latvia. This can be explained with great demand for raw materials, as well as with the increase of sawing rates. Sawing rates are larger than the resources of round timber, which, in its turn, leads to the growth of purchase prices.

According to the information published on portal www.latvianwood.lv at the beginning of the year cold weather ensured favourable conditions for logging and did not cause any obstacles for transportation of round timber from woods. Demand for timber was balanced with volume of felled round timber, and for the majority of coniferous tree sawlogs purchase prices remained invariable. In its turn, in the 2nd quarter of 2013 sawn timber and packing timber producers significantly increased purchase prices of spruce and pine sawlogs to LVL 2-7 /m3, as competition on the delivery of coniferous sawlogs enlarged.

Different situation was observed in the market of deciduous tree round timber. As purchase prices grew in January, birch pulpwood stock in ports increased rapidly. To reduce the deliveries, purchase prices were lowered significantly. Due to the reduction of pulpwood prices, deciduous tree cutting areas were felled less, and therefore purchase prices of birch sawlogs decreased.

Purchase prices of coniferous tree sawlogs LVL/m3

 

Purchase prices of deciduous tree sawlogs, veneer logs and packing timber LVL/m3

Data source: Central Statistical Bureau of Latvia

 

 

More information:
Maija Norenberga
Environment and Energy Statistics Section
Tel. +371 67366744