Price trends for forest products

Abstract

The forest complex, as a subject of study, possesses unique characteristics and distinct features that are related to its multi-layered structure. This structure connects primary industries and secondary industries that are dependent on the forest resource base. One key characteristic of both the national and global forest products markets is the significant fluctuation in prices for various types of forest products, both on a global and domestic scale. The ban on imports of forest products to European countries from 2022 has led to negative trends in price fluctuations for forest products in the domestic market. Prices for many types of forest products decreased by 1.5 – 2 times during the period of 2022-2023. The Russian Federation faces challenges in the sustainable and efficient development of the forest industry due to the unpredictable fluctuations in global and domestic prices for forest products. Therefore, in such conditions, the study of pricing and the development of an optimal mechanism for pricing timber products becomes an important aspect of management.