According to data from the Ukrainian Market Review monthly, in 1996-2002 the country's export of timber grew 4.8 times and hit USD 265.8 mln., wood import meanwhile lost only 38.5%, financial value coming to USD 72.7 mln. The crucial moment came in 1997. Financial changes in timber exports were caused mainly by a 7.6 time rise of revenues from broken-down timber and sleepers; crude timber sales brought revenues 3.7 times higher than before. Within total structure of exports, exports of the first articles grew by 19%, while the latter dropped supplied by 6%.
Ukraine raises timber export in 2002
According to data from the Ukrainian Market Review monthly, in 1996-2002 the country's export of timber grew 4.8 times and hit USD 265.8 mln., wood import meanwhile lost only 38.5%, financial value coming to USD 72.7 mln. The crucial moment came in 1997.
Financial changes in timber exports were caused mainly by a 7.6 time rise of revenues from broken-down timber and sleepers; crude timber sales brought revenues 3.7 times higher than before. Within total structure of exports, exports of the first articles grew by 19%, while the latter dropped supplied by 6%.
Upturn in timber exports was mostly fostered by greater physical supplies rather than higher prices. When export of the articles in 1996 was 414.8 mln. kg, over 1996-2002 it grew 4.9 times hitting 2,031.3 mln. kg in 2002.
Shipments of broken-down timber and sleepers leaped 8.2 times, while crude supplies were only 4.1 times up. This led to considerable changes in export pattern: the portion of broken-down timber increased by 15%, while crude timber share narrowed by 9%. Positive changes are also traced in other timber groups.
