Last week’s auctions at the Ukrainian Energy Exchange for untreated timber showed the following results:

  • the exhibited volume amounted to 24.96 thousand cubic meters;
  • 5.62 thousand cubic meters of wood were sold;
  • the cost of timber sales amounted to UAH 11.78 million (including VAT);
  • the state received additional income during the English auction in the amount of UAH 249.46 thousand (including VAT).

The distribution of untreated timber sales was as follows: 81% - firewood, 19% - round timber.

Round timber

During the reporting period, the company sold 1.08 thousand cubic meters of round timber for a total of UAH 5.46 million (including VAT).

Most of the oak, hornbeam and sharp-leaved maple were sold, with their share in the total structure amounting to 33.49%, 25.23% and 12.06%, respectively. We also sold such species as ash, alder, pine, birch, cherry and aspen.

The maximum increase from the starting price was recorded at 60%. Given that the auction step is 1%, the maximum number of steps was 60 for pine, 37 for ash, and 30 for oak.

The graph shows the types of wood and their maximum values.

Firewood

During the reporting period, the volume of firewood sales amounted to 4.54 thousand cubic meters for the amount of UAH 6.32 million (including VAT).

The vast majority of firewood (93%) was sold for industrial use, while 7% was sold for non-industrial use.

Hardwood firewood was in the highest demand, accounting for 75% of sales.

The graph below shows the structure of firewood sales by assortment and species.

Price indices

Birch showed the largest upward trend among round timber price indices, with an 8% increase and a price of UAH 3,071.39 per cubic meter including VAT.

In turn, the maximum decline was observed for ash. The weighted average price index amounted to UAH 5,710.11 per cubic meter including VAT, which is 20% less than last week.

Weighted average price index for timber, January 06 - 10, 2025

SpeciesUAH/cubic meter (including VAT)
Silver birch3 071,39
Forest beech3 885,29
Black alder2 727,06
Common oak23 911,67
Common pine3 706,10
European spruce2 685,57
White fir2 708,15
Common ash5 710,11

The price index for non-industrial firewood of the third group increased the most, reaching UAH 810.00 per cubic meter including VAT, which is 35% higher than in the previous period.

Among all types of firewood, the cost of the second group has decreased the most, and now amounts to UAH 810.00 per cubic meter including VAT, which is 15% less than the previous figure.