Softwood lumber exports to Egypt

An insight into an important sales market of Russian lumber producers in today’s infographics. More details are published in the recent WhatWood Weekly issue.

Russia competes mainly with Sweden and Finland on the Egyptian lumber market. Recently, due to unstable environment in Egypt, Russian companies tend to shift deliveries to Europe, CIS or Japan, and the country loses some market share to Nordic suppliers.

Average price of lumber exported from Russia to Egypt in 2012 was $185, compared to $188 from Finland and $213 from Sweden.

In the winter of 2012-2013, Russian lumber prices for Egyptian deliveries fell, but by May 2013 rose again to $180.

Among delivery terms, FCA is the most widespread. Through Novorossiysk port, average FCA lumber price was $205 in January-September 2012, while in St. Petersburg it was $168. On FOB Arkhangelsk terms, lumber price for Egyptian deliveries amounted to $165. Price on CFR Alexandria terms was $213.

Russian companies mainly export rough-sawn pine lumber to Egypt. Among the largest exporters are Novoenisseysk LKhK, Lesosibirsk LDK-1 and Yugra woodworking holding.

Exports pattern in terms of importing countries, exporting companies and delivery terms was highlighted in detail in Q3 2012 Lumber Export review prepared by WhatWood analysts.

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