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Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood pellets / Wood Products / Europe / Global
October 5, 2022

Latvia’s forest industry affected by current global events

Latvia’s forest industry affected by current global events
Last week, representatives of the Latvian Wood Industry Federation (LKF) and the board of JSC "Latvijas valsts meži" (LVM) met to discuss the situation in Latvia's forest sector, which has changed significantly due to current world events.    Since February of this year, when the war in Ukraine began, a very rapid and unbalanced rise in the prices of roundwood, lumber and energy wood has been experienced, the demand for all types of roundwood in Latvia has increased significantly, which in turn has created a deficit in the availability of logging and roundwood transportation services ...

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