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In a single year coniferous pulpwood rose by almost half while birch veneer logs dropped 18%. The 'price of timber' is not one number — it is a basket of assortments. Here is what is rising in 2026, what is falling, and how to tell whether it is a good moment for your stand.
Textbooks say plant pine. Real VMD data on 117,000 mature private stands tells a different story: black alder on a 50-year rotation delivers the best NPV thanks to its short cycle, and pine only pays off in central Latvia and Kurzeme. A species-by-species breakdown of return per hectare.
Most Latvian forest owners lose money on tax not because of a high rate, but because they pick the wrong regime. Cirsma and kokmateriāli are legally distinct transactions with different deductions. Five real-world scenarios with numbers and statutory references.
A VMD record for a single compartment carries more than 25 cryptic short-coded fields. Without a key, the document is unreadable. This guide walks through a real example — cadastre 62720050379 in Padures parish — and shows how those codes turn into a euro figure.
Mežabirža is Latvia's electronic auction venue for cirsma (standing-timber sale). Marketing claims +15–50% over the reserve, but our read of public 2024–2025 data points to an average uplift closer to 10–20%. In liquid segments it is even lower. Here is where the platform genuinely works and where you simply pay to participate.
Latvian state TV ran a simple test: the same 10 ha parcel in Vidzeme drew offers from €30,000 to €80,000. The 2.7× gap is the price an owner pays for entering negotiations without numbers.
The familiar narrative of a roughly even state-versus-private split does not match the VMD data. Measured by forest compartments, private ownership outweighs the state by a factor of 2.17. Within the private sector, concentration is extreme: the top 1% of owners hold 44% of the area. We break down ownership across 276,011 cadastres.
