Timber Harvest Values in 2018 Increased in North Carolina

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North Carolina has about 18.1 million acres of timberland, which supports a vibrant forest product industry throughout the state. Timberland is the main land use type covering 58% of the total land in the state. In 2018, the total stumpage value of timber harvest, the value that landowners received for their standing timber, was about $483.1 million, up 3.6% from 2017. Moreover, the total value that mills paid (i.e., the delivered value) was about $950 million, up 3.8% from 2017. According to 2017 US Forest Service Timber Product Output (TPO) survey, while sawtimber harvested quantity was down 2% to about 306.4 million cubic feet, total pulpwood harvest quantity was up 16% to 379.5 million cubic feet in 2017. Several counties realized significant changes in the values from last year, due primarily to the changes in timber harvests (TPO) data. Beaufort from Northeast, Columbus and Brunswick from Southeast were the top three counties in terms of the 2018 delivered values, respectively. For county-wise stumpage and delivered values of timber harvests, visit 2018 Timber Income Data.

Written By

Rajan Parajuli, N.C. Cooperative ExtensionDr. Rajan ParajuliAssistant Professor and Extension Specialist, Forest Economics Call Dr. Rajan E-mail Dr. Rajan Forestry & Environmental Resources
NC State Extension, NC State University
Updated on Mar 12, 2020
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