The upward trend of Russian lumber may continue into June this year. From January to October 2021, the market price of Russian softwood logs has increased by 50%, the market price of hardwood logs has increased by 70%, the price of fuelwood has increased by 40%, and the price of softwood logs has increased by 40%. Lumber prices rose by 74 percent.<\/p>\n
Compared with the same period last year, the price of softwood sawn timber rose by 73% in December 2021, the price of birch plywood rose by 48%, the price of softwood pulp lumber rose by 33%, and the price of firewood raw materials rose by 60%.<\/p>\n
It is worth noting that the price of softwood logs in the Volga Federal District increased by 152%, in the Central District by 134% and in the Urals Federal District by 112%.<\/p>\n
Prices are expected to stabilize in the middle of 2022, despite huge increases in lumber in various regions of Russia.\u00a0The increase in lumber prices in 2021 is driven by rising costs and strong demand from the Russian domestic market.<\/p>\n
Measures such as social restrictions during the epidemic have sparked a boom in home renovations and construction.\u00a0Demand for \"high-quality Russian wood\" is also growing in foreign markets.\u00a0The full utilization of the capacity of wood processing companies has led to a shift in production to more expensive and more profitable products.<\/p>\n
In the medium term, the trend of moderate growth in domestic consumption of wood industrial products in Russia will continue, influenced by developments in the trade sector, housing construction and the volume of construction works.<\/p>\n
Russia exported more than 16 million tons of lumber in January-November 2021<\/strong><\/p>\n Total export volume for the reporting period, estimated at about $435 billion, the share of logs accounted for over 13 million m\u00b3, which is estimated at $984.9 million. The growth rate by January-November 2021 amounted to 97.4% in physical terms and 110.2% in value terms, due to the log export ban planned for January 2022.<\/p>\n During the reporting period, Russia exported 16.2 million tons of lumber worth almost $5.7 billion. The growth of the indicator compared to the same period last year amounted to 94.5% by weight and 143.4% by value.<\/p>\n Plywood was supplied to international markets in the amount of 2.76 million m\u00b3 for about $1.8 billion.\u00a0The annual growth was 105.5% in physical terms and 167.9% in value terms.<\/p>","protected":false},"excerpt":{"rendered":" The upward trend of Russian lumber may continue into June this year. From January to October 2021, the market price of Russian softwood logs has increased by 50%, the market price of hardwood logs has increased by 70%, the price … Continue reading