Lithuanian forests
- Why do business in Lithuania?
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One of the fastest developing countries in the European Union.
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A member of the Schengen Area, the European Union, NATO and the Euro Area.
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Probably the fastest Internet in the world.
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Great infrastructure and “green” cities.
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One of the highest educational levels of the population in the European Union.
Quality
There are over 2 million hectares of excellent-quality forest in Lithuania. It is dominated by pine (35%), birch (22%), and spruce (21%).
Forest in Lithuania
Pine 35%
Spruce 21%
Birch 22%
Other 22%
22%
21%
22%
35%
Supply
Mean growing stock per hectare is 256 m3, compared to 130 m3 in Sweden and 115 m3 in Finland.
Growing stock per hectare
130 m3
115 m3
256 m3
Growth
Average annual growth per hectare amounts to 8,7 m3.
Forest coverage is at 33%
Growing stock volume amounts to 490 МCM, including
124 МCM of mature stands.
71% of all forests are commercial forests.
Return on investments is from 6% onwards.
Stable price increase
Prices have risen by 300% since 2003 and show a continued steady increase, yet the price level of forest land in Lithuania remains substantially lower than for comparable land in Sweden, approximately a third of Swedish prices.
Price increase
2003
2022
Low risk
Legal: all real estate transactions are checked and approved by a Notary Public. Private ownership is protected by Lithuanian and EU law.
Operational: forests are managed in line with FSC standards, Lithuanian forest regulation and forest management plans, developed by skilled forest engineers and flexible in terms of timing of harvesting depending on a customer’s preferences.
Who can own forests in Lithuania?
Since Lithuania is a member of the EU, European citizens can buy forest either directly or by establishing a company in Lithuania.
1 102 000 ha
State forests
888 000 ha
Private forests