The German state of Saxony's forest owners are benefiting from the timber submission, despite slightly falling prices

Saxon wood is in great demand: whether for furniture, veneers or musical instruments - the best logs are offered at a special auction every year. Interested parties come from far and wide.

Saxony's forest owners are once again benefiting from the sale of high-quality timber, but have seen a drop in revenue compared to the previous year. According to the state enterprise Sachsenforst, an average of 508 euros per cubic metre was paid at the timber submission - a kind of auction - in the Dresden Heath. This is around 13 per cent less than in the previous year, but almost 5 per cent higher than the price in 2022.

According to the figures, a total of 500 so-called value logs were sold for 391,431 euros - almost 57,000 euros less than in the previous year. During the tender, interested parties submit written bids after inspecting the timber. The highest bidder is then awarded the respective log.

Oak wood dominates the market
The valuable logs from the submission are still in high demand from the timber industry. The pedunculate oak in particular, as the main offer with 417 cubic metres, continues to achieve a very high price of 717 euros per cubic metre, said the head of the forestry operations department at Sachsenforst, Thomas Rother. Oak remains the trend tree species with the highest average prices. Very good results were also achieved for larch and Douglas fir.

Source: diesachsen.de