Romania: Low levels of wood offered for state auctions; prices are still at a high level

The average prices at auctions organized by Romania's National Forestry Authority - Romsilva for the production of 2023 are 410 lei/m3 (EUR 83/m3), prices 228% higher considering the prices of 2021 as a reference, respectively 150% higher compared to 2022 prices. This comes after a reduced volume by half of the wood offered for auctions by Romsilva. There are very high percentages of volumes sold at an average of 90%. The volume offered is only 2.5 million cubic meters, practically half of the volume offered in 2021, under the conditions of establishing a harvest quota ...