menu-bgimg

What we can offer you

We provide detailed transactional data, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain.
  • Pricing Data
  • Benchmarks
  • Product Forecasting
  • Advisory Services
  • Analytics
Learn More

SilvaStat360 Platform

  • Price Benchmarks
  • Madison’s Lumber Reporter
  • The Beck Group’s Sawmill TQ
  • Timber Supply Analysis 
  • Global Economic Data

Explore Forest2Market's Interactive Business Intelligence Platform

Learn More

Industries

From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry.

Learn More
x
 
Blog

Forest2Market Data Shows Strong Pine Pulpwood Market in Georgia during 2010

December 23, 2010
Author: Suz-Anne Kinney

Standing timber prices have been mixed in Georgia over the course of 2010, according to Forest2Market, the industry’s only provider of local timber price reports based on actual sales transactions.

Pine pulpwood prices have seen the most dramatic change during the year, an increase of 43 percent. For the period running from Oct. 1 through Dec. 1, the two-month weighted average price for pine pulpwood was $9.25 per ton in 2009; in 2010, the two-month average for the same period was $13.19 per ton, nearly $4.00 per ton higher. Forest2Market timber market analyst, Mike Fiery, attributes this jump to the relative strength of the global pulp and paper market this year.

Prices for other timber products were mixed. Pine sawtimber prices fell 9 percent year over year. The two-month weighted average at the end of 2009 was $28.44 per ton in 2009; in 2010, it was $25.90 per ton. Small pine saw logs (also known as cut-n-saw) rose by 8 percent, from a two-month weighted average of $15.56 per ton in 2009 to $16.85 per ton in 2010.

Hardwood sawtimber rose 6 percent, from $25.48 per ton in the October 1 through December 1 period in 2009 to $27.06 per ton during the same period in 2010. Hardwood pulpwood fell from $9.76 per ton at the end of 2009 to $7.94 per ton at the end of 2010, a 19 percent decline.

Twenty-four million of Georgia’s acres are forested; 22 million of these acres are privately owned. According to the Georgia Forestry Association, more than 260,000 private individuals own these acres and rely on the timber harvested there for income. More than 30 million tons of timber products have been harvested in Georgia year to date in 2010, bringing in $420 million in revenue for these landowners. While these numbers are certainly less than mid-decade highs, when forestry-related industries in the state supported more than 50,000 jobs and contributed more than $6 billion to the state’s gross domestic product (GDP), the timber industry continues to be very important to the economic health of Georgia’s rural counties.

Looking forward, Fiery expects that bioenergy will grow in importance for the timber industry. “New markets for Georgia’s timber will be the key to the future, as the housing market is not likely to return to its former highs for several years. The wood-to electricity and biofuels facilities that are scheduled for conversion or construction are a good sign for the industry, as the industry tends to be stronger when there are more markets for timber products. RWE may start buying logs as early as this month, and Georgia Power is once again pursuing the conversion of coal plants like Plant Mitchell to biomass.”

Georgians should not be concerned that these new markets for timber products will lead to the destruction of the state’s forests. According to Fiery, annual forest growth exceeds annual forest harvests in the state by 35 percent. “Even as more wood-to-energy facilities come online, Georgia’s forests are in a good position to support high levels of industry employment into the future.”

Links:

  • Timber Owner Market Guide
  • Online Timber Pricing Service


Suz-Anne Kinney: +1 980 233 4021 or suz-anne.kinney@forest2market.com

Back to Blog

You May Also be Interested In

November 19, 2015
Bergs Timber Subscribes to Forest2Market’s Baltic Rim Timber Price Index
Forest2Market is pleased to announce that Swedish company Bergs Timber has joined itsBaltic Rim Timber Price Index and ...
Continue Reading
February 03, 2015
Forest2Market Launches New Online Timber Pricing Platform
Forest2Market unveils new online timber pricing reporting platform. New features vary by access level. They include:
Continue Reading
July 28, 2014
Inaugural report from Forest2Market do Brasil shows effects of heavy rains on timber prices
Forest2Market do Brasil has released its inaugural timber price benchmark for the forest products industry. It is the...
Continue Reading