📋 Tender Overview
Forest owners with positive business income in 2023 had an average income from forestry of NOK 75,000. This is an increase of 12 percent from the previous year.
In total, 17,600 forest owners had positive forest income. The size of the average commercial income from forestry varies with the size of the productive forest area and where the properties are located. The size of the forest fund deduction also has an impact on commercial income.
Forest owners in the Inland region had an average business income from forestry of NOK 107,000. In Møre og Romsdal the average was NOK 36,000.
The average forest property is about 500 acres. For forest owners who own between 5,000 and 20,000 acres of productive forest, the average commercial income from the forest was NOK 351,000. Forest owners who own over 20,000 acres of productive forest had an average of NOK 1.1 million. 70 percent of forest owners with positive forest income had less than NOK 50,000 in commercial income from forestry in 2023.
The average harvest quantity for the 11,400 forest properties that sold timber for industrial purposes in 2023 was 999 cubic meters.
