The Structure of Price Dynamics for Timber Products on World and Russian Markets

This research endeavor seeks to address the scientific challenge of discerning recurring patterns of price fluctuation in both international and national markets for timber and other forest-derived goods. Databases on prices for forest products have been created, which required careful processing and structuring of the data obtained: the information is structured into tables; search systems and visualization of dashboards in excel have been implemented; regular updates are carried out. Based on the created databases on prices for forest products, time series of prices with different interval time lags (monthly average, quarterly average and annual average) have been developed, considering market segments. The primary statistical analysis of price time series with the definition of statistical indicators was carried out. A comprehensive analysis of the data obtained from various sources allowed us to compile a detailed picture of the price dynamics of forest products, namely to: Determine the structure of the dynamics of prices for forest products; Identify promising areas of activity, taking into account the growing demand for certain types of forest products and the reduction in consumption of other types of products; Predict price dynamics: knowing the trends in prices for forest products allows enterprises to more accurately forecast their profits and plan investments; Assess the competitiveness of Russian timber products in the domestic and global markets.