Untreated timber: market overview at UEEX for October 12 – 16, 2026

Over the past week, auctions for untreated timber on the Ukrainian Energy Exchange showed the following results:

• the volume offered amounted to 49.57 thousand cubic meters;
• 13.61 thousand cubic meters of timber were sold;
• the sales value of the timber totaled UAH 58.37 million (including VAT);
• sellers generated additional revenue through English auction bidding, amounting to UAH 4.65 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 sales of raw untreated was as follows: 35.08% - round lumber, 59.04% - firewood, 5.88% - brush.

Round timber

During the reporting period, 4.77 thousand cubic meters of round timber were sold, totaling UAH 37.31 million (including VAT).

Oak, pine, and spruce accounted for the largest shares of total sales, at 28.27%, 26.92%, and 24.47%, respectively. Other species—such as ash, birch, alder, beech, and maple—were also sold.

On average, the increase from the starting price at the auctions was 3%. Given that the auction bid increment is 1%, the highest average increases were observed for black alder (13), birch (10), oak (7), ash (6), beech (5), and spruce (1).

Firewood

During the reporting period, the volume of sales of firewood amounted to 8.04 thousand cubic meters for the amount of 21 million UAH (including VAT).

The vast majority of firewood (>96%) was sold for industrial use. Brushwood was also sold (800 cubic meters).

Among firewood, the highest demand was for hardwood species, which accounted for 40.31% of the total volume.

The chart below illustrates the structure of firewood sales by species group.

In the structure of firewood sales for non-industrial use, the first group consists primarily of hardwood species with a minor share of softwoods, while the second and third groups consist exclusively of conifers. In the industrial use segment, all three types of species are represented: hardwoods account for the largest share, followed by softwoods and conifers, which are present in approximately equal volumes.

Price indices

The largest decrease in value was recorded for ash, the price of which is currently 7,608.79 UAH/cubic m including VAT. On the other hand, the leader in growth among all indices was birch, its price is 5,841.64 UAH/cubic m including VAT.

Index of weighted average timber prices, for October 12–16, 2026

The price index for industrial-use firewood has increased, reaching 2,636.45 UAH/cubic m (including VAT).

Among all categories of non-industrial firewood, the price for the first group saw the largest increase, now standing at 2,591.35 UAH/cubic m (including VAT).