ForestryTimber Price Surveys

Timber Market Report Oct – Dec 2022

The increase in timber prices in the first half of 2022 experienced a sharp decline from July onwards with the downward trend continuing from October to December last year.

The decrease was a result of lowered demand, partly due to the rising cost of living and reduced construction activity. Timber prices are expected to see some improve in 2023 with reports of increased prices received in January 2023. 

The prices quoted in the IFA Farm Forestry Timber Market report were sourced from forest owners, forestry companies and sawmills. 

All prices quoted are for Sitka spruce (ex VAT). 

Roadside Prices

Product TypeLength (m)Diameter (cm)Price € /tonne (Roadside)*
Pulp3 m< 7cm25-34 
Stakewood1.6 m> 8cm < 15 cm  35-42
Palletwood2.5 m> 14 cm   40-54 
3.1 m> 14 cm  56-60 
3.4 m> 14 cm  58-63 
3.7 m> 14 cm  60-66
Sawlog4.9m> 20cm   80-85
5.5 m> 20cm 82-90

Standing Prices

Standing Prices Price €/tonne
1st Thinning16-20
2nd Thinning18-25
3rd Thinning 22-30
Clearfell 30-65

Timber Price Trends (Jan 2022 to Dec 2022) 

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