During July 2022 forestries earned over UAH 495 million on UEEX

At the Ukrainian Energy Exchange from July 25 to July 29, 2022, 73.09 thousand cubic meters of untreated timber were sold. The initiators were forestry enterprises from 8 regions of Ukraine. The largest volume was sold in the Volyn region.

In total, forestry enterprises earned UAH 182.32 million on the exchange during the week, of which UAH 15.54 million were additional revenues from competitive bidding;

• the state received an additional income of UAH 15.54 million (including VAT) more than the initial cost of untreated timber put up for auction.

In general, since the beginning of the month, 202.52 thousand cubic meters have been sold at the auctions of the Ukrainian Energy Exchange for a total cost of UAH 495.81 million. Additional state income amounted to about UAH 39.43 million.

The implementation of untreated timber took place in the Volyn, Kyiv, Zhytomyr, Khmelnytsky, Chernivtsi, Ivano-Frankivsk, Ternopil and Kirovohrad regions. The graph below shows the areas for the sale of untreated timber.

Common pine, European spruce and common oak were sold the most, where the share of their sales in the total structure was 62%, 7% and 5%, respectively. There was also the sale of such species as silver birch, common ash, forest beech and others.

The graph below shows the structure of wood sales by 5 largest regions.

The maximum increase from the starting price was recorded at 271%. Given that the auction step is 1%, the maximum number of steps was for common ash - 271; common oak - 227; white fir - 127.

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

Index of weighted average prices for untreated timber as of July 29