The market is reviving: Lesy Ukrainy will put more than 1.5 million cubic meters of timber up for auction
14 February 10:12
Next week, the state-owned enterprise “Forests of Ukraine” will begin its main quarterly timber auction for the second quarter of 2026. In response to market demand, the state-owned enterprise is increasing its sales volume to over 1.5 million cubic meters of timber of various species.
This was reported by the press service of the State Enterprise “Forests of Ukraine,” according to "Komersant Ukrainian".
“The market’s call for an increase in supply from foresters has been heard: we plan to put up for auction more than 1.5 million cubic meters of timber products, which is 250,000 cubic meters more than usual,” the statement said.
Structure of the offer
The following is planned to be put up for auction:
- pine timber — 820,000 m³ (an increase of 100,000 m³);
- oak timber — 100,000 m³ (an increase of 5,000 m³);
- birch and alder timber — 100,000 m³ (an increase of 25,000 m³);
- firewood coniferous wood — 550 thousand m³ (an increase of 120 thousand m³).
Volume and pricing
The total volume of supplies for the second quarter is 3.3 million m³. Of this, 2.3 million m³ is allocated for auction (including forward contracts), and 1 million m³ is allocated for defense, social sector, and household needs.
The starting prices are set at the level of the first quarter of 2026, which corresponds to the figures at the end of 2025, taking into account the consumer price index.
Market needs and risks
Currently, the company has 851,000 m³ of timber in stock. Despite requests from businesses for additional resources, there is uneven fulfillment of existing contracts on the market: the shortfall is about 180,000 m³.
“Today, the state-owned enterprise “Forests of Ukraine” fully meets market demand… For their part, foresters recalled that in previous years, the market did not purchase the proposed volumes. Where is the guarantee that this will not happen again,” the company emphasizes.
Despite these risks, procurement continues to grow. This is facilitated by high demand in foreign markets and the rise in the euro exchange rate, which makes exports more profitable. It is expected that the real situation and the willingness of businesses to purchase volumes will become clearer during the bidding process. Analysts say that the most likely scenario is that prices will stabilize at the level of previous periods.
