COMBINED APPRECIATION: PINUS RADIATA AND EUCALYPTUS SP.

Combined Appreciation: 1985-1996

The Table 1 shows the outputs of the calculations on the appreciation of the forest resources Pinus radiata and Eucalyptus sp.

Table 1

Combined Appreciation ^1/

(In millions of US$, 1996)

Year	Asset value				Land value				Timber value				Appreciation
	Rotation Period				Rotation Period				Rotation Period				Rotation Period
	24 years old	20 years old	20 years old (*)	18 years old	24 years old	20 years old	20 years old (*)	18 years old	24 years old	20 years old	20 years old (*)	18 years old	24 years old	20 years old	20 years old (*)	18 years old
1985	3,535	3,621	4,850	3,640	890	998	1,512	1,055	2,645	2,623	3,338	2,585	114	141	189	145
1986	3,777	3,886	5,196	3,911	945	1,057	1,591	1,116	2,833	2,828	3,605	2,794	140	165	219	165
1987	3,995	4,118	5,503	4,144	989	1,106	1,660	1,167	3,005	3,012	3,843	2,977	127	158	210	158
1988	3,898	4,033	5,369	4,069	993	1,107	1,646	1,166	2,905	2,926	3,723	2,903	110	147	196	150
1989	4,129	4,286	5,684	4,327	1,065	1,183	1,741	1,244	3,064	3,103	3,943	3,083	135	167	224	165
1990	4,429	4,587	6,052	4,627	1,171	1,295	1,880	1,359	3,258	3,292	4,172	3,268	147	179	238	179
1991	4,940	5,095	6,658	5,125	1,328	1,456	2,065	1,523	3,612	3,639	4,592	3,601	127	156	217	153
1992	5,288	5,458	7,075	5,481	1,463	1,592	2,204	1,659	3,826	3,866	4,871	3,821	141	173	226	166
1993	5,809	5,987	7,673	6,006	1,613	1,747	2,382	1,817	4,196	4,239	5,291	4,189	178	210	265	200
1994	6,086	6,263	8,000	6,278	1,746	1,884	2,538	1,956	4,341	4,379	5,463	4,322	183	219	271	207
1995	6,368	6,554	8,311	6,573	1,927	2,066	2,723	2,138	4,442	4,488	5,588	4,435	147	194	239	186
1996	6,430	6,610	8,367	6,624	1,972	2,112	2,774	2,185	4,457	4,497	5,593	4,439	176	219	265	210

Source: Own elaboration.

(*) Estimated with function linear: 25 m³/ha/year. INFOR
1/ Corresponds addition of tables 2 and 6

Figure 1