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For Harvest Profile of Evergreen's estate and Map of East Coast Forests, Click Here.


Land & Forest Holdings
as at 30 June 2004, in hectares

LEGAL
PLANTABLE
NET STOCKED AREA
Northland
7,243
6,479
5,949
South Auckland
5,028
3,480
2,898
East Coast NI
13,345
9,531
9,290
South Island
254
208
143
Total owned
25,870
19,698
18,280
Forestry rights: South Island
1,592
1,232
1,182
Area awaiting replanting
N/A
N/A
780
Total area
27,462
20,930
20,242

Logs represent 55% of New Zealand's forestry exports by volume and 23% by value. This will remain a valuable export component, as the domestic processing industry does not have the capacity to process all of the wood harvested in New Zealand.

Conversely, foreign processors face decreasing supply from traditional sources and have sunk capital costs in their plants. These factors, combined with low labour costs and tariff structures that favour log imports, provide an attractive environment for New Zealand log exporters. Evergreen will continue to sell into markets which offer the best prices, and in many cases this will entail log exports.