Estonian pine and spruce sawlog prices were largely stable in July after the increases recorded earlier in the year, but both assortments remained clearly above year-earlier levels.<\/p>\n
Pine sawlogs averaged \u20ac104.58\/m\u00b3 in July, edging down 0.2% from June (see table below). Despite the small monthly decline, the price remained 8.7%, or \u20ac8.40\/m\u00b3, above July 2025. Compared with April, pine sawlogs were still marginally higher, by 0.2%, indicating that prices have largely stabilised around the current level following the increases seen earlier in 2026.<\/p>\n
Spruce sawlogs showed an almost identical monthly development. The average price slipped 0.2% to \u20ac109.06\/m\u00b3, but remained 8.0%, or \u20ac8.10\/m\u00b3, above the level recorded a year earlier. Spruce therefore continued to command a premium over pine, with the July spread between the two main softwood sawlog assortments at around \u20ac4.50\/m\u00b3.<\/p>\n
The monthly stability in standard sawlogs contrasts with somewhat firmer pricing for smaller-diameter material. Pine small-diameter logs increased 1.8% from June to \u20ac88.90\/m\u00b3, while spruce small-diameter logs rose 1.3% to \u20ac95.15\/m\u00b3.<\/p>\n
The annual comparison was mixed for these assortments. Pine small-diameter logs were 0.5%, or around \u20ac0.50\/m\u00b3, below July 2025, making them the only softwood log assortment in the survey to remain slightly below the previous year's level. Spruce small-diameter logs were 1.8%, or \u20ac1.70\/m\u00b3, higher year on year.<\/p>\n
The gap between standard and small-diameter assortments remained significant. Pine standard sawlogs traded almost \u20ac16\/m\u00b3 above small-diameter pine, while the corresponding difference for spruce was close to \u20ac14\/m\u00b3.<\/p>\n
Birch prices rise sharply<\/strong><\/p>\n The strongest movement among sawlog assortments in July came from birch. Birch sawlogs rose 11.8% from June to \u20ac106.62\/m\u00b3, bringing the average price slightly above pine sawlogs and close to the level of spruce.<\/p>\n Compared with July 2025, birch sawlogs were 11.3%, or \u20ac10.90\/m\u00b3, higher. The annual increase was therefore stronger than for both pine and spruce standard sawlogs.<\/p>\n Birch veneer logs also moved higher, rising 6.6% month on month to \u20ac160.91\/m\u00b3. They remained by far the highest-priced assortment covered by the survey and were 8.9%, or \u20ac13.10\/m\u00b3, above their level from a year earlier.<\/p>\n Small-diameter birch logs increased 9.8% in July to \u20ac75\/m\u00b3 and were 7.1%, or \u20ac5\/m\u00b3, above July 2025. Compared with three months earlier, the development of the main birch quality assortments was broadly similar to the strong monthly trend recorded in July.<\/p>\n The picture was weaker for the other hardwood sawlogs. Black alder rose sharply during July, gaining 11.9% to \u20ac62.58\/m\u00b3, but the price remained 10.2%, or \u20ac7.10\/m\u00b3, below the level recorded a year earlier.<\/p>\n Aspen sawlogs were unchanged from June at \u20ac58.87\/m\u00b3. On an annual basis, prices were down 24.7%, or \u20ac19.30\/m\u00b3, the largest year-on-year decline among the sawlog assortments included in the review.<\/p>\n Grey alder sawlogs were also unchanged month on month at \u20ac47.67\/m\u00b3 and remained 12%, or \u20ac6.50\/m\u00b3, below July 2025.<\/p>\n Pulpwood prices also move higher<\/strong><\/p>\n Pulpwood prices rose across all major species in July, with monthly increases considerably larger than those recorded for standard pine and spruce sawlogs.<\/p>\n Pine and spruce pulpwood each increased 11% month on month to \u20ac65.79\/m\u00b3. Birch pulpwood rose 10.3% to \u20ac64.94\/m\u00b3, while aspen pulpwood gained 11.8% to \u20ac50.52\/m\u00b3.<\/p>\n The July increase pushed softwood pulpwood above \u20ac65\/m\u00b3, while birch approached the same level. According to the market review, comparable pulpwood prices were last seen around the beginning of autumn 2024.<\/p>\n The increases are even more pronounced over a three-month period. Spruce pulpwood was 24.1% higher than in April, pine 23.8% higher, birch 20.7% higher and aspen 12.8% higher.<\/p>\n ","protected":false},"excerpt":{"rendered":" Estonian pine and spruce sawlog prices were largely stable in July after the increases recorded earlier in the year, but both assortments remained clearly above year-earlier levels. Pine sawlogs averaged \u20ac104.58\/m\u00b3 in July, edging down 0.2% from June (see table … Continue reading \n\n
\n \nAssortment<\/th>\n July 2026
\n\u20ac\/m\u00b3<\/th>\nMoM<\/th>\n YoY<\/th>\n<\/tr>\n<\/thead>\n \n Pine sawlog<\/strong><\/td>\n 104.58<\/strong><\/td>\n -0.2%<\/td>\n +8.7%<\/td>\n<\/tr>\n \n Spruce sawlog<\/strong><\/td>\n 109.06<\/strong><\/td>\n -0.2%<\/td>\n +8.0%<\/td>\n<\/tr>\n \n Pine small-diameter log<\/td>\n 88.90<\/td>\n +1.8%<\/td>\n -0.5%<\/td>\n<\/tr>\n \n Spruce small-diameter log<\/td>\n 95.15<\/td>\n +1.3%<\/td>\n +1.8%<\/td>\n<\/tr>\n \n Birch veneer log<\/td>\n 160.91<\/td>\n +6.6%<\/td>\n +8.9%<\/td>\n<\/tr>\n \n Birch sawlog<\/td>\n 106.62<\/td>\n +11.8%<\/td>\n +11.3%<\/td>\n<\/tr>\n \n Birch small-diameter log<\/td>\n 75.00<\/td>\n +9.8%<\/td>\n +7.1%<\/td>\n<\/tr>\n \n Aspen sawlog<\/td>\n 58.87<\/td>\n 0.0%<\/td>\n -24.7%<\/td>\n<\/tr>\n \n Black alder sawlog<\/td>\n 62.58<\/td>\n +11.9%<\/td>\n -10.2%<\/td>\n<\/tr>\n \n Grey alder sawlog<\/td>\n 47.67<\/td>\n 0.0%<\/td>\n -12.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n