Latvia’s softwood market holds firm as exports climb despite higher log prices

Latvia’s softwood market in 2025 is shaped by stable softwood lumber prices, firmer log values and strong export activity. As one of the most export-oriented softwood producers in Europe, Latvia entered the second half of the year with a mixed but generally steady price environment. While softwood lumber prices have held a consistent range, stronger demand for logs has kept roundwood values firm. Renewed interest from buyers in key European markets and the United Kingdom has helped counterbalance domestic supply constraints and provided a degree of resilience at a time when global wood markets are expanding more slowly ...