Timber auction

Wood of exceptional quality of various tree species can be sold at the timber auction. First, trees that have high quality timber and are suitable for felling need to be identified with the help of local forester. After the delivery of logs to the place of auction about one month before the event, potential purchasers have 14 days to give offers for the selected timbers. The timbers are then sold to best tenderer. On the day of the open door, the public can view the logs and the prices reached. High quality logs can be sold to purchasers who will offer a slightly higher price than other wood. However, higher profit may be achieved at auction of timber. Purchasers are looking for timber of precisely defined quality and are willing to pay more. It is possible to reach very high prices at the auction and that can be a motivation for forest owners to invest more interest, time and work in their forests. In the year 2018, 3094 logs were offered by 447 owners, 993 offers were submitted. 90% of logs were sold for over 857.000 € to purchasers from Slovenia, Austria, Germany, Italy, Hungary and Croatia. The highest price reached at the auction was 11.833 €/m3 for ribbed Acer pseudoplatanus.