Limited logs, weak export demand: Latvia’s timber sector loses pace

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Holmen cuts sawmill output as Middle East disruption drives up costs

Latvia’s timber sector is showing signs of stagnation, with companies reporting slower growth, constrained production and mounting operational pressure. Exports have remained largely unchanged in recent years at just over €3.3bn, reflecting weaker construction activity in Europe and limited expansion. … Continue reading →

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Limited logs, weak export demand: Latvia’s timber sector loses pace

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Holmen cuts sawmill output as Middle East disruption drives up costs

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Limited logs, weak export demand: Latvia’s timber sector loses pace

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