Forest accounts, 2023

In 2023 higher values of forestry output, production costs and somewhat lower employment

Gross value added in forestry in 2023 stayed at about the same level as in 2022; it reached 0.6% of gross domestic product.

  • 7 October 2024 at 10:30
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Factor income similar to 2022

The values of some income categories in forestry stayed at about the same level as in 2022. Gross value added reached EUR 434 million; its share in gross domestic product was 0.6%. Factor income amounted to EUR 343 million; the value increased by 1% over the previous year. Factor income per employee amounted to EUR 54,969. Income was influenced by the ratio between the values of forestry output (up by 2%), intermediate consumption (up by 4%) and employment (down by 1%).

Forestry output value higher due to the higher values of forestry goods and forestry services

The value of forestry output was EUR 817 million, which was a 2% increase over the previous year. The main reasons for the increase were higher values of forestry goods output and forestry services. The value of forestry goods increased due to somewhat higher production of wood assortments and higher average purchase prices of other industrial roundwood and fuelwood. The value of forestry services reached EUR 91 million, which is an 8% increase over 2022. 

Standing timber with the highest share in the value of forestry goods output

The value of forestry goods output reached EUR 727 million (1% more than in the previous year). In the total value, the highest share was represented by standing timber (in accordance with the methodological change, it includes the value of wood increment of the commercial forests and the estimated value of sale of wood per stump) and sawlogs. The share of the former was 52% (0.5 of a percentage point less than in the previous year), and of the latter 28% (almost 4 percentage points less).

Other industrial roundwood and fuelwood on average more expensive

The value of sawlogs and veneer logs was estimated at EUR 204 million; this was 25% of the total forestry output value. The volume of sawlogs production was slightly lower than the year before, and the average sawlogs prices decreased by 3%. Therefore, also the decrease in its production value was observed (by 11%). In the total value of forestry output the values were higher for fuelwood (by 43%) and pulpwood and other industrial roundwood together (by 3%).

Value of forestry services up

The value of forestry goods output accounted for 89% of the total forestry output (EUR 727 million). The share of forestry services was 11%; the value of forestry services increased in comparison with 2022 and it reached EUR 91 million. 

Intermediate consumption value also higher

The value of intermediate consumption (EUR 383 million or 4% more than in the previous year) was higher due to higher value of removals (in accordance with the methodological change, it includes the value of removals and the estimated value of sale of wood per stump) and forestry services. In the observed year the value was lower for energy consumption (by 19%). The values of other categories of intermediate consumption stayed at about the same level as in 2022.

Gross fixed capital formation (GFCF) in forestry equipment amounted to EUR 74 million or 7% more than in the previous year.

Employment slightly lower

In 2023, 6,247 employees were involved in the forestry production, while a year earlier the number was 6,335. Most of them were self-employed (5,058 or 2% fewer). In addition to the self-employed, 1,189 paid employees were also involved in the forestry production (1% more than in 2022).

Tables with the latest data are available in the SiStat Database.

Forestry output, gross value added and employment, Slovenia
Forestry output, gross value added and employment, Slovenia
Main agregates of the forest accounts, Slovenia
20222023 2023
2022
current prices (mio EUR)index
Forest area1)2,133.12,478.8116.2
Other wooded land area1)135.9158.2116.4
Other land with tree cover available for wood supply area1)19.422.8117.4
Forest area2)2,478.82,583.3104.2
Other wooded land area2)158.2164.5103.9
Other land with tree cover available for wood supply area2)22.825.4111.6
Timber stocks in forest1)15,655.318,876.7120.6
Timber stocks on other wooded land1)214.2264.6123.5
Timber stocks on other land with tree cover available for wood supply1)33.040.6122.9
Timber stocks in forest2)18,876.718,967.9100.5
Timber stocks on other wooded land2)264.6272.3102.9
Timber stocks on other land with tree cover available for wood supply2)40.641.7102.6
Forestry output803.2817.2101.7
  market output331.6332.4100.2
  non-market output471.7484.8102.8
1) At the beginning of the year.
2) At the end of the year.
Main agregates of the economic accounts for forestry, Slovenia
20222023 2023
2022
current prices (mio EUR)index
Forestry output803.2817.2101.7
Intermediate consumption7)369.6383.0103.6
Gross value added1)7)433.7434.2100.1
Fixed capital consumption96.694.297.5
Net value added at basic prices2)7)337.0340.0100.9
Compensation of employees37.340.6108.8
Other taxes on production0.70.8101.9
Other subsidies on production4.14.1100.5
Factor income3)7)340.4343.4100.9
Operating surplus/Mixed income4)7)303.1302.899.9
Rents paid
Interest paid0.70.8111.2
Interest received0.51.8388.2
Entrepreneurial income5)7)302.9303.8100.3
Gross fixed capital formation69.073.8107.0
Employment (in 1.000 AWU)6)6.36.298.6
… not available.
1) Gross value = forestry output - intermediate consumption.
2) Net value added = gross value added - fixed capital consumption.
3) Factor income = net value added - other taxes on production + other subsidies on production.
4) Operating surplus/Mixed income = factor income - compensation of employees.
5) Entrepreneurial income = operating surplus/mixed income - rents paid - interest paid + interest received.
6) AWU = annual work unit.
7) Economic indicators were revised due to upgrading of the monitoring of the value of standing timber in the intermediate consumption.
METHODOLOGICAL NOTE
The values of standing timber in the output and the intermediate consumption accounts were revised for the 2012–2023 period. The value in the production account includes the sum of values of net increment in forests available for wood supply and the estimated value of the sale of wood on stump. In the intermediate consumption account, the value includes the sum of the value of removals and the estimated value of the sale of wood on stump. Annual values of removals are in line with the report on total gross removals in the international forestry questionnaire Joint Forest Sector Questionnaire (JFSQ).

Due to the harmonization of forestry industry data between forest accounts and national accounts, the time series of forestry services data was also revised for the 2012–2023 period. The values in forest accounts are aligned with the values in national accounts.

Additional explanations are available in the methodological explanations.

When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.