No Result
View All Result
Become a member
Friday, April 23, 2021
  • Home
  • News
  • Business
  • Tech
  • Forestry
  • Environment
  • Podcast
  • Video
  • Reviews
  • Magazine
    • Issue 8
    • Issue 7
    • Issue 6
    • Issue 5
    • Issue 4
    • Issue 3
    • Issue 2
    • Issue 1
  • Login
  • Home
  • News
  • Business
  • Tech
  • Forestry
  • Environment
  • Podcast
  • Video
  • Reviews
  • Magazine
    • Issue 8
    • Issue 7
    • Issue 6
    • Issue 5
    • Issue 4
    • Issue 3
    • Issue 2
    • Issue 1
  • Login
No Result
View All Result
All Things Arb
No Result
View All Result
Aspen Fuel
Home Forestry News

Forestry values surge in ‘astonishing’ year for the sector

4 months ago
Reading Time: 2 mins read
A A
0
Forestry

Forestry

94
SHARES
1.3k
VIEWS

The forestry market has had an “astonishing year” with competitive bidding seeing average values rise significantly and the total value of the forestry investment market reach record levels, according to the latest edition of the UK Forest Market Report.

The 22nd edition of the annual report, produced by Tilhill and John Clegg & Co, highlights that the forestry and woodland sector has a very positive outlook.

The report shows that in 2020 a total of £200.18 million of forestry properties traded, the highest value traded on record, with the average cost of a forest property more than doubling from £1.56 million in 2019 to £3.28 million in 2020.

Key findings include:

  • 39% increase in forestry values from £11,749 per stocked hectare in 2019 to £15,962 per stocked hectare in 2020;
  • 58% increase in total value of forestry market from £126.5 million in 2019 to £200.18 million in 2020;
  • 16,595ha (gross) of forestry traded in 2020 (61 forests);
  • Increase in average size of a property sold from 136ha in 2019 to 206ha this year;
  • Scotland provided the largest share of commercial forest market at 69% by value;
  • England shows welcome increase in planting with 2,330ha, up from 1,420ha last year;
  • Wales planted 80ha, the lowest annual figure seen in 50 years.

Bruce Richardson, head of investment and property, Tilhill, said:

We have seen a truly astonishing year for forestry values. Despite the problems with the Covid-19 related restrictions, the UK forestry market has performed robustly through 2020, producing record results in scale and unit prices rising by 39% over the past year.

“The market in 2020 has been very competitive. This year most properties were sold above guide price.

“The most striking story this year has been the level of interest shown in younger restock sites as opposed to the more mature forests.

The younger forests are attracting higher unit prices per ha partly because the 2020 market included some very high-quality younger forestry in prime locations.

“We believe these prices show investor confidence in the future of the timber market, based on evidence that the improved varieties of spruce, a result of many years of genetic research, planted in recent years are performing as forecast with improved yield and form,” he concluded.

Share38Tweet24Share7ShareSendSend
Previous Post

500 hectare planting boost for England’s Community Forests

Next Post

Frank Alviti becomes the newest pin in the GreenMech dealer map

Tom

Tom

Founder of All Things Arb, Tom started at the bottom of the run as groundsmen before running his own arborist business for over 6 years in the midlands. In 2017 he hung up his harness and took to writing about the industry and here we are!

Latest News

Spelthorne
Live Arboriculture news

Trees cut down across county by rogue feller in act labelled ‘Surrey chainsaw massacre’

1 week ago
257

Surrey Police are on the hunt for a suspect who has cut down numerous trees with a chainsaw in the...

Read more
Anger as row over ancient trees on Huddersfield housebuilding site escalates

Anger as row over ancient trees on Huddersfield housebuilding site escalates

1 week ago
23
Anstee Services

New John Deere forwarder to fulfil growing biomass and site clearance demand

1 week ago
39
PONSSE Scorpion

The new PONSSE Scorpion’s Future Cabin wins the esteemed Red Dot product design award

2 weeks ago
81
CPL celebrates its 10th Birthday this year

CPL celebrates its 10th Birthday this year

2 weeks ago
176
Next Post
Greenmech and Frank Alviti

Frank Alviti becomes the newest pin in the GreenMech dealer map

WORKWARE UK

THE CHANGING FACE OF WORKWARE – WHAT’S NEW?

Pine Tree

Pine trees send chemical warning to each other when pine beetles attack

Recommended Stories

Native First Aid Kit Blue Bag

A £50 first aid kit with all the emergency basics

Preview of the new Malwa 560-series

Preview of the new Malwa 560-series

10/22/2020
309
Co Antrim tree surgeon

Co Antrim tree surgeons unable to work after £7000 worth of equipment stolen

03/19/2021
883

Popular Stories

  • STIHL MS881

    STIHL Launches MS 881

    517 shares
    Share 310 Tweet 194
  • Waratah launches new H424 harvester head.

    171 shares
    Share 68 Tweet 43
  • A strong overall supplier when SP Maskiner joins the Eco Log Group

    158 shares
    Share 63 Tweet 40
  • Husqvarna to launch new 90cc chainsaws in 2021

    55 shares
    Share 71 Tweet 45
  • New funding for tree planting welcome – but large forests are needed to hit target

    144 shares
    Share 58 Tweet 36
All Things Arb

Bringing you breaking news from the world of arboriculture and forestry. Get the latest news and access to all of our premium content from your favourite writers, thinkers, and experts.

  • Contact us
  • Advertising
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • Team

© 2017-2020 All Things Arb

No Result
View All Result
  • Home
  • News
  • Forestry
  • Environmental
  • Technology
  • Incidents & Accidents
  • Reviews
  • Contact us
  • Join
  • Login
  • Magazine
    • Issue 8
    • Issue 7
    • Issue 6
    • Issue 5
    • Issue 4
    • Issue 3
    • Issue 2
    • Issue 1

© 2017-2020 All Things Arb