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November 6, 2024

Record timber prices in Norway

In the third quarter of 2024, a total of 2.6 million cubic meters of timber was harvested for industrial purposes in Norway. Forest owners received an average of NOK 694 (€58) per cubic meter, marking a 26% increase compared to the same period in 2023. According to the latest figures from Statistics Norway, timber prices have risen substantially. The 26% increase in prices over the last year reflects record-breaking figures not seen in three decades when adjusted for fixed prices. Both sawlogs and pulpwood have seen similar increases in value. In the third quarter alone, 2 ...

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