The value of New Zealand’s commercial forestry assets rose 16% between 1995 and 2000, according to newly-released statistics.
The Forestry Monetary Stock Account 1995-2000, published by Statistics New Zealand, showed assets were worth NZ$14.5bn for the year ended March 2000, mainly due to a growth in the availability of timber for the wood products industry.
The only exception was 1996, when commercial forest values dipped to NZ$11.8bn.
