Latvia: The price of wood has experienced unprecedented fluctuations

Latvia: The price of wood has experienced unprecedented fluctuations
In the first half of 2022, the price of wood in Latvia has experienced unprecedented fluctuations, starting with atypical price changes to unfulfillable foreign demand for Latvian wood, according to the information gathered by the experts of the largest forest auction system in Latvia "E-silva".    Price fluctuations were closely related to the war in Ukraine and sanctions against Russia and Belarus. At the beginning of the year, due to the war and sanctions, the demand for wood produced in Europe increased. From the beginning of 2022 until April, the increase in the price of wood ...

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