Roundwood prices on the rise in Estonia

Roundwood prices on the rise in Estonia

The prices for all rounwood assortments in Estonia have increased in November 2018. Above all, small diameter pine and spruce sawlogs are considerably more expensive in November 2018 than in the same month of the previous year. 

While most prices stagnated from October to November 2018, all prices are well above November 2017. Pine logs are +11.36% more expensive compared to November 2017, while spruce logs price are higher by +11.89%. The other varities of sawlogs reported increases by between +0.55% and up to +31.58% as compared to November 2017.

Since the beginning of the year there have been several considerable price increases for pulpwood. That's why in November 2018, the price of pine pulpwood is nearly double over a year ago. Spruce pulpwood has reported a price increase of +69.67%, while birch pulpwood's price is +59.66% higher as compared to November 2017.

Roundwood Prices in Estonia; November 2018

Average roadside prices in state forest in 2018EXW eur/m3 without VAT November 2017 October 2018  November 2018 Change in % November 2017/November 2018
Pine logs 67.91 75.64 75.63  +11.36%
Pine logs d<18cm 54.12 62.65 62.61  +15.68%
Spruce logs 68.59 76.93 76.75  +11.89%
Spruce logs d<18cm 53.32 60.94 61.67  +15.66%
Birch veneer logs 113.25 119.34 113.88  +0.55%
Birch logs 62.52 68.41 68.78  +10.01%
Aspen logs 32.33 42.92 42.54  +31.58%
Pine pulpwood 26.38 49.36 51.28  +94.38%
Spruce pulpwood 27.44 48.41 46.56  +69.67%
Birch pulpwood 26,75 43.09 42.71  +59.66%
Aspen pulpwood 19.15 21.34 21.61  +12.84%
Fuelwood 20.13 21.95 21.94  +8.99%

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