Last week’s auctions at the Ukrainian Energy Exchange for untreated timber showed the following results:
- the exhibited volume amounted to 6.35 thousand cubic meters;
- 4.36 thousand cubic meters of wood were sold;
- the cost of timber sales amounted to UAH 19.45 million (including VAT);
- the state received additional income during the English auction in the amount of UAH 1.75 million (including VAT).
Untreated timber was sold by forestry enterprises from 7 regions of Ukraine. The largest volume was sold in Ivano-Frankivsk region.
The distribution of untreated timber sales was as follows: 90% - round timber, 10% - firewood.
Round timber
During the reporting period, the company sold 3.90 thousand cubic meters of round timber for a total of UAH 18.86 million (including VAT).
Spruce, oak, and pine were the most popular species sold, with a share of 77.26%, 7.75%, and 4.48%, respectively. We also sold such species as fir, ash, linden, alder, beech and others.
The maximum increase from the starting price was recorded at 90%. Given that the auction step is 1%, the maximum number of steps was 90 for pine, 44 for spruce, and 32 for ash.
The graph shows the types of wood and their maximum values.
Firewood
During the reporting period, the volume of firewood sales amounted to 452.97 cubic meters for the amount of UAH 593.36 thousand (including VAT).
The vast majority of firewood (76%) was sold for industrial use, while 24% was sold for non-industrial use.
Among firewood, spruce and pine firewood were in the highest demand, accounting for 25% and 21%, respectively.
The graph below shows the structure of firewood sales by grade and species.
Price indices
The largest upward trend among round timber price indices was shown by oak, which grew by 16% to UAH 23,663.50 per cubic meter including VAT.
In turn, the maximum decline was observed for birch. The weighted average price index amounted to UAH 2,821.30 per cubic meter including VAT.
Weighted average price index for timber, for March 17-21, 2025
| Species | UAH/cubic meter (including VAT) |
|---|---|
| Silver birch | 2 821,30 |
| Forest beech | 3 197,96 |
| Black alder | 3 457,36 |
| Common oak | 23 663,50 |
| Common pine | 3 895,86 |
| European spruce | 3 602,99 |
| White fir | 2 901,43 |
| Common ash | 6 175,39 |
The price index for non-industrial firewood of the third group increased the most, reaching UAH 958.76 per cubic meter including VAT, which is 9% higher than in the previous period.
Among all types of firewood, the cost of firewood of the second group has decreased the most, and now amounts to 958.76 UAH/cubic meter including VAT.