Untreated timber: market overview at UEEX on August 8 - 12, 2022

At the Ukrainian Energy Exchange, untreated timber was sold by forestry enterprises from 8 regions of Ukraine. The largest volume was sold in the Ivano-Frankivsk region.

During the week at the UEEX auction in the direction of untreated timber, the following results were achieved:

• the exposed volume of untreated timber amounted to 88.83 thousand cubic meters;
• 52.5 thousand cubic meters of untreated timber were sold;
• the cost of wood sales amounted to UAH 141.78 million (VAT included);
• the state received additional income for UAH 16.47 million (VAT included) more than the original value of the untreated timber put up for auction.

Realization of untreated timber last week took place in Kyiv, Zhytomyr, Khmelnitsky, Chernivtsi, Ivano-Frankivsk, Ternopil, Volyn and Kirovograd regions. The graph below shows the areas for the sale of untreated timber.

Common pine, European spruce and coniferous species were sold the most, where the share of their sale in the total structure was 33%, 20% and 16%, respectively. There was also the sale of such species as common oak, common beech, common ash and others.

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

The maximum increase from the starting price was recorded at 339%. Given that the auction step is 1%, the maximum number of steps was for common oak - 339; common pine - 97; forest beech - 97.

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

Index of weighted average prices for untreated timber as of August 12