Room: Poster Area
Date: Wednesday, 20 May 2026
Time: 16:15 - 17:15 CEST
Session code 2BV.7
Biomass strategies and policies
Estimating Stumpage Prices in South Korea Using the Market Reversion Method for Expanding Biomass Production
Short Introductive summary
Accurate estimation of stumpage value is essential for developing effective forest biomass supply policies and improving forest resource management efficiency in South Korea. This study applies the Market Reversion Method, which derives stumpage prices by reversing market log prices, to estimate the economic value of major domestic species, including Pinus densiflora, Pinus koraiensis, Larix kaempferi, Pinus rigida, and Quercus spp. Using 2024 log price statistics, the analysis reflects key local factors such as the efficiency of forestry machinery, transportation costs, and production systems including intermediate log yards. By converting market log prices into stumpage values, this research presents a realistic evaluation of forest biomass supply potential and profitability. The findings provide valuable insights for sustainable forest management and biomass utilization policies, contributing to the efficient use of forest resources and the advancement of a low-carbon economy in Korea.
Presenter
Kidong KIM
National Institute of Forest science, REPUBLIC OF KOREA
Presenter's biography
Dr. Kidong Kim received a Ph.D. in 2012 from Kyungpook National University, Republic of Korea, with a dissertation on policy measures to expand the supply of domestic timber. He is currently focusing on the analysis and outlook of log and wood product supply and demand.
Biographies and Short introductive summaries are supplied directly by presenters and are published here unedited
Co-authors:
Session reference: 2BV.7.22