Firewood Prices Plummet due to February Ice-Storm
A cubic metre of firewood is around 30 euros or even less, whereas it was around 50 euros at the end of 2014, said director of the Forestry Association at the Chamber of Commerce and Industry (GZS) Jože Sterle.
This is the price of firewood "in the woods", meaning that the costs of loading and unloading as well as transport are excluded.
Sterle believes this is the most accurate price because transport makes the price rise according to the final destination of the firewood.
He said the price was still falling, which makes it impossible to cover the basic costs. "This is not the price which would encourage felling."
Sterle added that the wood and logs are piling up, as nearby mills and wood-processing factories are full and households have made stock even for five years.
The National Forest Service has estimated that 9.3 million cubic metres of wood will have to be cut down because of the ice-storm.
The damage has been put at 214 million euros, while forest rehabilitation will cost 36.3 million. Sterle said that clean-up efforts are fully under way.
He believes the wood industry will probably earn something in the short-run, but the market will not stabilize any soon.
"This won't happen this year and probably not even next year," he said, adding it all depended on how long ice-storm stricken wood would be coming to the market.
It is estimated that around a million cubic metres of wood is used for heating in Slovenia per year.