News

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  Opportunity window for Latvia’s forest sector: US price surge and Canadian wildfires reshape the timber market

  While Latvian forest owners and timber industry representatives assess the stability of the local market and record-level pulpwood price peaks at the end of June, a new storm is brewing on the global stage. Events are developing rapidly in North America that, in the coming months, will directly affect timber sales opportunities and prices in the Baltic region. Canada’s devastating wildfires and pressure from US trade policy have created a unique “window of opportunity” for European timber exporters, including those in Latvia.

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  2026-07-02
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  Roundwood prices in Latvia 2026: changes in pine, spruce and birch timber prices

  Overall, during the first five months of 2026, the strongest price increase was observed in pulpwood assortments, driven by demand from the pulp and paper industry as well as the bioenergy sector. Meanwhile, the most significant price decline was recorded for birch veneer logs and packaging timber, influenced by lower activity in the veneer, plywood, and packaging materials markets.

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  2026-06-12
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  Birch veneer log prices in Latvia. PEFC, EUDR and market trends in 2026

  May 2026 marks a period of strategic change in Latvia's forestry and wood-processing industry. While the birch firewood market remains in its traditional seasonal lull, the veneer log segment is experiencing intense competition over resource traceability and market redistribution. This is being driven by the growing involvement of global investment funds in forest ownership, manufacturers' rapid transition to new certification systems, and significant shifts in export flows between the United States and the Nordic countries.

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  2026-05-29
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  Roundwood shortages in Europe are affecting the rise in spruce sawlog prices

  Roundwood shortages are increasing across Europe while construction activity remains weak. Spruce sawlog prices in Latvia are approaching EUR 100/m³, while softwood pulpwood prices are also rising sharply. The market is being driven by seasonal factors, sanitary logging operations, and strong export demand.

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  2026-05-25
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  U.S. lumber production volumes, Trump's tariffs, major forestry deal in Australia - forest industry news

  The USDA is allocating $200 million to boost domestic lumber production, Russia has become Japan’s main timber supplier amid global sanctions, a U.S. federal court has blocked Trump-era tariffs citing overreach of authority, and a major forestry deal has been signed in Australia to secure timber supply for decades.

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  2025-06-04