Latvia’s forest industry is slowly recovering

Latvian forest industry export revenue reached 3.41 billion euros in 2024, which is 3.4% or 113.71 million euros more than in 2023. This is shown by the information compiled by the Ministry of Agriculture based on the Central Statistics Office data. The largest export income last year was generated by lumber - by 85 million euros, roundwood - by 62 million euros, fuel wood - by 43 million euros, as well as plywood. The Vice President of the Latvian Wood Industry Federation, Kristaps Klauss, emphasizes that 2024 was a time when production recovered after the increase in all ...