Woodwork

International Internet Magazine. Baltic States news & analytics Saturday, 04.07.2020, 08:22

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In 2019, rise in forest regeneration and tending costs observed in Latvia

In 2019, rise in forest regeneration and tending costs observed in Latvia

01.07.2020

Data compiled by the Central Statistical Bureau of Latvia (CSB) show that in 2019, the average forest regeneration costs in Latvia comprised 705–860 EUR/ha, depending on the forest land quality group*. In 2018, these costs constituted 509–669 EUR/ha, while in 2017 those were 438–567 EUR/ha. Forest regeneration costs include expenditure on soil preparation, sampling expenses and planting costs.

Keyword tags: Analytics, Financial Services, Latvia, Markets and Companies, Woodwork



Wood Fiber Costs Declined for both Softwood and Hardwood Pulp Producers in 2019 and early 2020

Wood Fiber Costs Declined for both Softwood and Hardwood Pulp Producers in 2019 and early 2020

26.06.2020

Wood fiber costs fell for many hardwood pulp-producing countries worldwide in the 1Q/20. The biggest declines (in US dollar terms) were seen in the US South, Russia, and Latin America, where hardwood pulplog prices were down between 5 and 10% from the 4Q/19. In the US South, hardwood prices fell for the second consecutive quarter in the 1Q/20 after having reached an all-time high in the 2Q/19.

Latvijas Finieris sees turnover drop 9.2% in 2019

Latvijas Finieris sees turnover drop 9.2% in 2019

16.06.2020

Latvijas Finieris birch plywood producer turned over EUR 226.377 million in 2019, down 9.2 percent from a year before, while the company's profit contracted 26.6 percent to EUR 8.798 million, writes LETA, according to information available at Firmas.lv.


Latvian exports of forestry products down 10.7%, imports off 9.8% in 4 months

Latvian exports of forestry products down 10.7%, imports off 9.8% in 4 months

12.06.2020

In January-April 2020, Latvia exported EUR 853.999 million worth of forestry products, which is a decrease of 10.7% against the previous year, writes LETA, according to information released by the Agriculture Ministry. In January-April 2020, Latvia imported EUR 294.319 million worth of forestry products, which is a decrease of 9.8% against the previous year.

The Coronavirus Has Not Stopped the Global Trade of Forest Products

The Coronavirus Has Not Stopped the Global Trade of Forest Products

29.05.2020

The Coronavirus Epidemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months.


07.05.2020

Latvijas Finieris refinances EUR 20 mln loan

Birch plywood producer Latvijas Finieris has refinanced a loan worth EUR 20 million. SEB Banka has refinanced EUR 10 million of the Latvijas Finieris loan for a term of seven years, and OP Corporate Bank has refinanced EUR 10 million for a five-year term, LETA was told at SEB Banka.

07.04.2020

Covid-19: Lithuania's VMG temporarily suspends production

- Vakaru Medienos Grupe (VMG), one of the largest wood processing and furniture production groups in the Baltic states, said on Monday it was temporarily suspending production, according the delfi.lt news website information reports LETA/BNS.

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