Untreated timber: market overview at UEEX for September 21 – 25, 2026

Over the last week, auctions for untreated timber on the Ukrainian Energy Exchange yielded the following results:

• the exhibited volume was 167.09 thousand cubic meters;
• 114.41 thousand cubic meters of wood were sold;
• the cost of selling wood was UAH 525.48 million (including VAT);
• sellers received additional income during the English auction in the amount of UAH 70.78 million (including VAT).

Untreated timber was sold by forestry enterprises from six regions of Ukraine. The largest volume was sold in the Ivano-Frankivsk region.

The breakdown of untreated timber sales was as follows: 78.97% round timber, 20.85% firewood, and 0.17% brushwood.

Round timber

During the reporting period, 90.35 thousand cubic meters of round timber were sold for a total amount of UAH 465.71 million (including VAT).

Spruce, pine, and beech accounted for the largest shares of total sales, at 61.31%, 15.20%, and 11.67%, respectively. Other species sold included fir, oak, red oak, hornbeam, birch, larch, aspen, linden, and ash.

On average, the price increase over the starting price at auctions was 13%. Given that the bidding increment is 1%, the highest average increases were recorded for hornbeam (50), red oak (23), fir (22), spruce (17), beech (10), oak (7), birch (4), and pine (1).

Firewood

During the reporting period, the volume of sales of firewood amounted to 23.86 thousand cubic meters for the amount of 59.74 million UAH (including VAT).

All firewood was sold for industrial use. Brushwood was also sold (200 cubic meters).

Among the firewood sold by the State-owned Enterprise, coniferous firewood was in the highest demand, accounting for 86.22% of the total volume.

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

Price indices

The sharpest price drop was recorded for ash, which currently stands at UAH 7,587.15 per cubic meter (including VAT). Conversely, fir led the price increases among all indices, with a price of UAH 4,981.75 per cubic meter (including VAT).

Weighted average timber price index, for September 21–25, 2026

The price index for industrial-use firewood decreased, reaching the level of UAH 2,503.71 per cubic meter including VAT.

In terms of firewood types for non-industrial use, price levels across all three groups remained unchanged.