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August 4, 2023

Logging restrictions and falling demand cause falling log prices in Latvia

The decline in construction volumes has significantly reduced the need for construction materials in the Baltic Sea region, and as a result, the demand for various types of wood industry products has experienced a decline. As a result, prices continued to fall in all market segments in Latvia's wood market in June. In June, the average price of small-diameter sawlogs of spruce and pine fell by about 5%, which is explained by the fall in the price of pulpwood of these species. The price of birch veneer blocks experienced a sharper decline in June than in May, decreasing ...

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