What Is RMK and Why Are Harvesting Volumes Being Reduced?
RMK (State Forest Management Centre) manages approximately 50% of Estonia's forests. RMK's annual harvesting volume directly affects the entire Estonian timber market. In recent years, political and environmental pressure has led to reductions in harvesting volumes.
RMK Harvesting Volumes by Year
| Year | RMK Harvesting Volume (million m3) | Change |
|---|---|---|
| 2020 | 4.2 | — |
| 2021 | 4.0 | -5% |
| 2022 | 3.8 | -5% |
| 2023 | 3.6 | -5% |
| 2024 | 3.4 | -6% |
| 2025 | 3.3 | -3% |
| 2026 (forecast) | 3.2 | -3% |
Source: RMK annual reports and development plan 2021-2030.
5 Reasons Why This Raises Your Forest's Price
1. Less timber on the market = higher price
When RMK supplies less timber, sawmills and pulp factories must buy more private forest timber. Demand increases, prices rise.
2. Timber imports do not fully compensate the shortfall
While Estonia imports timber from Latvia and Russia, import logistics costs are higher. Local private forest timber is often more affordable and faster available for the industry.
3. The long-term trend is clear
The RMK development plan 2030 envisions a steady decrease in harvesting volumes. This means private forest timber demand will remain high in the future as well.
4. Spruce log prices react first
Spruce sawlog is Estonia's most demanded assortment. RMK's harvesting volume reduction affects spruce log prices the most - in 2025-2026, spruce log prices have risen 8-12%.
5. Private forest market share is growing
Private forest's share of the Estonian timber market has grown from 40% (2020) to approximately 48% (2026). Private forest owners' negotiating position is stronger than ever.
“A private forest owner who sells mature spruce forest now will get the best price in the last 5 years. RMK's harvesting volume reduction is a clear opportunity for private forest owners.” — Metzfund analyst
Frequently Asked Questions
Does the RMK harvesting volume reduction affect all tree species equally?
No. It most significantly affects spruce and pine log prices. Firewood and deciduous timber prices are less affected.
Can private forest prices also decline?
Short-term price fluctuations are possible, but the long-term trend is upward - this is supported by both RMK's harvesting volume reduction and growing construction timber demand in Europe.
How long will this price trend last?
The RMK development plan is valid until 2030 and envisions continued harvesting volume limitations. The price upward trend will likely continue for at least the next 3-5 years.
How can I get the best price for my forest?
Sell directly to a buyer without brokerage fees. Metzfund provides a price offer within 24 hours - no obligation.