Untreated timber: market overview at UEEX for May 1 - 5, 2023

On the Ukrainian Energy Exchange, untreated timber was sold by forestry companies from 7 regions of Ukraine. The largest volume was implemented in the Khmelnytskyi region.

The following results were achieved during the week at UEEX auctions in the direction of untreated timber:

• the exhibited volume of untreated timber amounted to 34.4 thousand cubic meters;
• 24.24 thousand cubic meters of untreated timber were sold;
• the cost of selling wood amounted to UAH 60.93 million (including VAT);
• the state received an additional income of UAH 6.34 million (including VAT) more than the initial value of untreated timber put up for auction.

Last week, untreated timber was sold in Khmelnytskyi, Kyiv, Ivano-Frankivsk, Zhytomyr, Ternopil, Kirovohrad and Chernivtsi regions.

Pines, hardwoods, and spruces were sold the most, where their sales share in the overall structure was 28.3%, 27%, and 9.7%, respectively. There was also realization of such species as birch, oak, conifers and others.

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

The maximum increase from the starting price was recorded at the level of 258%. Taking into account that the step of the auction is 1%, the maximum number of steps was on the shore - 258, pine - 83, oak - 79.

The graph shows wood species and their maximum values.

Index of weighted average prices for timber, for the period May 1 - May 5

Index of weighted average prices for firewood, for the period May 1 - May 5