Auctions at the Ukrainian Energy Exchange for untreated timber last week showed the following results:
- Exhibited volume was 57,53 th. c. m;
- Sold timber for 44,39 th. c. m;
- Timber sales value was UAH 216,07 mln. (incl. VAT);
- Forestry agencies received additional income during the English auction in the amount of UAH 87,69 mln. (incl. VAT).
Untreated timber was sold by forestry enterprises from 6 regions of Ukraine. The largest volume was sold in Zhytomyr region.
Distribution of untreated timber sales was as follows: 64% - round timber, 36% - firewood.
Round timber
During the reporting period, the Group sold 28,30 thousand cubic meters of round timber for a total amount of UAH 187,85 mln. (incl. VAT).
Alder, birch and pine were the most popular species sold, with their share in the total structure amounting to 36,97%, 36,20% and 17,08%, respectively. Other species sold included oak, beech, hornbeam, fir, spruce and others.
Firewood
During the reporting period, firewood sales amounted to 16,10 th. c. m. for a total of UAH 28,22 mln. (incl. VAT).
The vast majority of firewood (89%) was sold for industrial use, while 11% was sold for non-industrial use.
Hardwood firewood was in the highest demand, accounting for 64% of total sales.
The graph below shows the structure of firewood sales by grade and species.
Price indices
Birch showed the largest upward trend among roundwood price indices. Currently, its price has risen to UAH 7848,19 per cubic meter including VAT.
In turn, the maximum decline was observed for ash. The weighted average price index amounted to UAH 3080,66 per cubic meter including VAT.
Weighted average timber price index, May 12-16, 2025
| Breed | UAH/c. m. (incl. VAT) |
|---|---|
| Silver birch | 7,848.19 |
| Forest beech | 3,978.78 |
| Black alder | 7,407.96 |
| Common oak | 18,727.95 |
| Common pine | 4,166.57 |
| European spruce | 4,511.99 |
| White fir | 4,875.98 |
| Common ash | 3 080.66 |
The price index for non-industrial firewood of the second group increased the most, reaching UAH 1972,20 per c. m. incl. VAT.
Among all types of firewood, the price of industrial firewood decreased the most, and now amounts to UAH 1775,70 per c. m. incl. VAT.
Overview of news on the timber market in Europe
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