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Index – Economy – Because of the 2008 crisis, pine trees are becoming more expensive this year

Index - Economy - Because of the 2008 crisis, pine trees are becoming more expensive this year

The supply of Christmas trees this year was less than in previous years. It does not explain the current economic crisis caused by the coronavirus epidemic, but rather the previous crash in 2008-2009. He wrote that it takes 10 years for the pine to reach the desired size, so we can suffer from the current economic problems in Christmas 2030-2031. napi.hu.

Along with other industries, farmers were hard hit by the Great Recession. And the Christmas tree growers came under extra pressure as they shouldn’t have expected one season, but more than a decade ago. While producers of grain or forage crops can change production from year to year based on expectations and costs, tree growers are tied for the long term.

The seedlings usually take two to three years to start growing in the nursery or wholesaler and then grow on the farm for another eight to ten years. In 2008, many timber growers could not keep up with this business. They did not have enough money to grow a crop that had not come to fruition in a decade, or they had to restore production well.

According to the forecasts of the International Organization of Hungarian Ornamental Growers, prices for pine trees will increase by 10-20 percent in December of this year compared to last year: fir for 4-5 thousand forts, and for silver pine for 5-6 thousand fort. , Nordmann pines are about 7,000 forints per square metre.

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