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September 30, 2021

Latvia: Softwood sawlog prices reach unprecedented levels

Latvia: Softwood sawlog prices reach unprecedented levels

Latvia's timber market is currently experiencing rising prices for roundwood, which have been affected by global market movements and also by Covid 19. This is especially true for softwood sawlogs, where unprecedented price levels have been reached, allowing Latvian forest owners to sell pine sawlogs with more than 135 EUR/m3. 

In the first half of this year, compared to last year, the average purchase price of logs in Latvia has increased for nearly all assortments, according to the latest data of the Central Statistical Bureau.

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