Forest market data automation

Monitoring the development of the wood market is important for forest owners who make decisions on forest management and felling.

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Detail description

Wood market information can be divided into end-product market and domestic wood market information. The end-use product market includes market monitoring related to the development of the world market for forest-based products. The development of the end-use product market has an impact on the development of the domestic wood market. Market in-formation relevant for monitoring the domestic wood market includes wood trade, logging amounts, forest resources, and imports and exports of roundwood and wood chips. Wood supply and demand are freely determined by the market, where better monitoring and utilisation of this information will allow individual forest owners to in-fluence the profitability of forestry. On the other hand, many other factors also influ-ence on the wood market and the profitability of forestry. Reliable and accurate in-formation is an important element in the functioning of the wood market.

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Contribution detail info

Project

thERBN

THEMATIC EUROPEAN RURAL BIOECONOMY NETWORK (thERBN)

Location
Finland
Authors
Kalle Karttunen
Purpose
Adopt innovative practices

File type
document
Created on
Dec 31, 2023
Origin language
English
Official project website
thERBN
License
CC BY