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Keyword: Latvia

Latvian timber industry concerned about trade with Belarus

Latvian timber industry has recently raised alarm that the Latvian banks are being overly cautious regarding business with Belarus and [...]

Latvia: No reason to expect that skyrocketing timber prices will return to pre-pandemic levels

In the Latvian timber industry, the sharp rise in prices was caused by an unpredictably high level of private consumption [...]

Latvia: There is a bubble in the timber market that will burst sooner or later

Currently, the Latvian lumber market is experiencing a significant price increase or bubble, which will sooner or later burst, Kristaps [...]

New opportunities for Latvian timber exports to the US

At the beginning of February, a large vessel with Latvian timber products to be exported to the USA was loaded [...]

Covid-19 didn’t impact Latvia’s sawmilling industry

Log supply in Latvia hasn't suffered any changes since the 2nd quarter of 2020. Latvian State Forests (which owns [...]

SCA acquires more forest land in the Latvia

SCA has signed an agreement to acquire forest land in Latvia. The acquisition comprises an area of 19,150 hectares [...]

Exports of Latvian timber industry are expected to fall this year; US market an opportunity

   The volume of exports of companies in the Latvian wood industry sector could decrease in general this year [...]

Latvian forestry product exports Jan.-Apr. down 10.7% yoy

In January-April 2020, Latvia exported EUR 853.999 million worth of forestry products, which is a decrease of 10 [...]

Latvia’s forestry products exports down sharply in Q1/2020

In January-March 2020, Latvia exported EUR 651.007 million worth of forestry products, which is a decrease of 9 [...]

Sharp fall in roundwood prices in Latvia

The bark beetle infestation which hit the Central European countries resulted in overproduction and a sharp fall in prices determining [...]