Market research

Non coniferous sawnwood market in Latvia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Latvian non-coniferous sawnwood market volume demonstrated significant volatility between 2018 and 2023. Starting at 220.5 thousand m³ in 2018, it contracted over the next two years, falling to 205.6 thousand m³ in 2019 and then to 172.9 thousand m³ in 2020.

A strong recovery followed, with the market expanding by 34.6% to 232.8 thousand m³ in 2021 and reaching a peak of 250.2 thousand m³ in 2022. This growth was reversed in 2023, when the market volume declined by 25% to 187.8 thousand m³.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Latvia
  1. 5.1.1. Annual dynamics of production in Latvia in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Latvia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production non coniferous sawnwood in Latvia

In kind, 2018-2021, K m³

From 2018 to 2021, Latvia maintained the 25th position globally in terms of non-coniferous sawnwood production volume.

Top producers of non coniferous sawnwood, 2018-2021

Source: SHEV.io

World map of production of non coniferous sawnwood, 2018-2021

Source: SHEV.io

Following a two-year decline, Latvia's non-coniferous sawnwood production rebounded. In 2021, production reached 796.9 K m³, marking a sharp 35.5% increase compared to 2020. Over the period from 2018 to 2021, production grew by 18.1%, equivalent to an annualized rate of 5.7%. The lowest production level was recorded in 2020 at 588.0 K m³, while the largest decline occurred in 2019 with a 7.7% drop.

Annual dynamics of production in Latvia in kind, 2018-2021, K m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(7.7%)	(5.6%)	35.5%	5.7%

Source: SHEV.io

Exports non coniferous sawnwood from Latvia

Exports in kind, K m³

Latvia's exports of non-coniferous sawnwood increased for the second consecutive year. In 2021, exports reached 639.6 K m³, up 38.8% from 2020. Between 2018 and 2021, exports grew by 29.1%, with a compound annual growth rate (CAGR) of 8.9%. The lowest export volume was recorded in 2019 at 457.1 K m³, which also saw the largest decline of 7.7%.

Annual dynamics of product's exports from Latvia in kind, 2018-2021, K m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(7.7%)	0.8%	38.8%	8.9%

Source: SHEV.io

From 2018 to 2021, the United Kingdom (20.3% of exports in volume), Belgium (16.1%), and the Netherlands (14.7%) accounted for the largest share of Latvia's non-coniferous sawnwood exports, together comprising 51.1% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Latvia in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

The data shows irregular changes, reflecting a volatile market environment. Import levels fluctuated significantly, with a 1.9-fold difference between the low in 2020 and the high in 2021. In 2021, Latvia exported 178.7 M $ US of non-coniferous sawnwood, indicating an abrupt 94.5% rise compared to 2020. The minimum value was recorded in 2020 at 91.9 M $ US, while the largest decline occurred in 2019 with a 17.4% drop.

Annual dynamics of product's exports from Latvia in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(17.4%)	(5.1%)	94.5%	15.1%

Source: SHEV.io

During 2018–2021, the United Kingdom (21.7% of exports in value), Belgium (13.6%), and Germany (11.2%) were key buyers of non-coniferous sawnwood from Latvia. However, their combined share reached only 46.5% of total exports in value terms, with the remaining 53.5% distributed among numerous other trading partners.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Latvia in value, 2018-2021

Source: SHEV.io

Imports non coniferous sawnwood to Latvia

Imports in kind, K m³

Latvia's imports of non-coniferous sawnwood increased for the second year in a row. In 2021, imports stood at 75.4 K m³, marking a steep 65.0% advance compared to the previous year. Between 2018 and 2021, imports grew by 84.4%, equating to an annualized rate of 22.6%. The minimum import volume was recorded in 2019 at 39.7 K m³, which also saw the largest decline of 2.8%.

Annual dynamics of product's imports to Latvia in kind, 2018-2021, K m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(2.8%)	15.0%	65.0%	22.6%

Source: SHEV.io

Over the period 2018–2021, Russia (49.9% of imports in volume), Belarus (18.4%), and Estonia (9.0%) together accounted for 77.3% of Latvia's total non-coniferous sawnwood imports, making them the primary sources.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Latvia in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

The data reveals irregular changes, indicating a volatile market environment. The period saw a trough in 2019 and a peak in 2021, with a 2.1-fold difference between these years. In 2021, Latvia imported approximately 25.1 M $ US of non-coniferous sawnwood, which is 91.0% higher than the previous year. The minimum value was recorded in 2019 at 12.2 M $ US, while the largest decline occurred in 2019 with a 3.0% drop.

Annual dynamics of product's imports to Latvia in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.0%)	7.5%	91.0%	25.8%

Source: SHEV.io

From 2018 to 2021, Russia (35.9% of imports in value), Ukraine (12.7%), and Lithuania (11.1%) continued to lead as the main suppliers of non-coniferous sawnwood to Latvia, jointly accounting for 59.8% of total imports in value terms.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Latvia in value, 2018-2021

Source: SHEV.io