British company bought 1 million EUR worth of wood posts via BUCE

01/19/2021

As a result of this year’s first export trades in timber products held on BUCE, a British company purchased 1.6 million wood posts to the tune of 1.1 million EUR. Previously, these products used to be sold to the UK in much smaller quantities and through various mediators.

“Up until recently, wood posts have been exported to the UK indirectly – via the Baltic countries. Naturally, this had a negative impact on export margins. However, at the end of last year we managed to find several major buyers one of which decided to stock up on the Belarusian timber. The latest trading session clearly demonstrated the significant export potential of peeled wood. Suffice it to say that since the beginning of the year we have already sold more wood posts to the UK that in the whole of 2020. Therefore, we will definitely keep on developing this market”, BUCE press service reported.

For reference.
In 2020, the export of peeled wood via BUCE stood at 4.2 million EUR. The majority of buyers originated from Germany, Latvia, Lithuania, and Poland.

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Personal data processing policy

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