News
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ERA’s Forest Products Outlook for 2025
The US plans to impose tariffs on both allied and competitor nations. This policy will particularly impact export-reliant forestry products such as sawn timber, wood pulp, and wood pellets, potentially redirecting Asian paper imports to Europe and creating market saturation.
Read the whole article2025-01-07 -
New Habitats in Latvia: Biodiversity Protection and EU Requirement Compliance
To address the violation procedure against Latvia for insufficient protection status of EU-significant habitats, particularly grassland habitats – species-rich pastures and hay meadows – Latvia plans to establish 39 new nature reserves and expand 4 existing ones.
Read the whole article2024-12-20 -
Close cooperation between Russia and China: new tariffs change the rules of the game
Significant changes are taking place in the economic relations between Russia and China, affecting both trade and domestic production. Currently, more than 90% of lumber produced in Russia is exported to China, which makes China the main partner in this industry. But changes in tariffs have caused serious problems.
Read the whole article2024-12-12 -
Latvia's Forest Sector Exports in 2024: Growth in Key Product Segments
According to the data published by the Ministry of Agriculture, in the first nine months of 2024, the export of Latvian forest industry products has shown a significant increase in several categories.
Read the whole article2024-12-05 -
Trump's tariffs for Canada and Mexico: Timber prices and trade on the brink of crisis
Donald Trump has announced that on his first day in office, January 20, 2025, he will sign an order imposing new tariffs. A 25% tariff will be applied to all goods from Canada and Mexico, as well as a 10% tariff on goods from China. This means that the prices of imported timber will rise significantly.
Read the whole article2024-11-28
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