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October 10, 2023

Mixed price trends in the Latvian wood market

The Latvian wood market has experienced significant fluctuations in the prices of various wood products from the latter half of 2022 through early 2023. These price changes have been driven by a variety of factors, including shifts in demand, supply dynamics, and market forces. Prices for pine logs on the rise Pine logs with a diameter of up to 14 cm demonstrated steady price growth from 58.87 EUR/m3 in H2/2021 to 94.20 EUR/m3 in H1/2023, marking an impressive 59.74% increase. However, the story was different for pine logs with a ...

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