Last week’s auctions at the Ukrainian Energy Exchange for untreated timber showed the following results:
- the exhibited volume amounted to 152.41 thousand cubic meters;
- 142.04 thousand cubic meters of wood were sold;
- the cost of timber sales amounted to UAH 626.72 million (including VAT);
- the state received additional income during the English auction in the amount of UAH 163.62 million (including VAT).
The distribution of untreated timber sales was as follows: 60% - firewood, 40% - round timber.
Round timber
During the reporting period, the company sold 56.72 thousand cubic meters of round timber for a total of UAH 491.46 million (including VAT).
Pine, oak, and hornbeam were the most commonly sold species, with their share in the total structure amounting to 47.49%, 25.00%, and 10.30%, respectively. We also sold such species as beech, ash, larch, spruce, sharp-leaved maple and others.
Firewood
During the reporting period, the volume of firewood sales amounted to 85.32 thousand cubic meters for the amount of UAH 135.26 million (including VAT).
The vast majority of firewood (82%) was sold for industrial use, while 18% was sold for non-industrial use.
Hardwood firewood was in the highest demand, accounting for 59% of sales.
The graph below shows the structure of firewood sales by grade and species.
Price indices
Oak showed the largest upward trend among the price indices for round timber. Currently, its price is UAH 36,306.12 per cubic meter including VAT.
In turn, the maximum decline was observed for birch. The weighted average price index amounted to UAH 3,150.60 per cubic meter including VAT.
Weighted average price index for timber, for February 24-28, 2025
| Species | UAH/cubic meter (including VAT) |
|---|---|
| Silver birch | 3 150,60 |
| Forest beech | 5 057,37 |
| Black alder | 5 680,09 |
| Common oak | 36 306,12 |
| Common pine | 4 525,36 |
| European spruce | 3 990,60 |
| White fir | 3 021,57 |
| Common ash | 6 884,74 |
The price index for non-industrial firewood of the third group increased the most, reaching UAH 1,368.07 per cubic meter including VAT.
Among all types of firewood, the cost of industrial firewood has decreased the most, and now amounts to UAH 1,614.28 per cubic meter including VAT.