| Product Code: ETC5367003 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s sawmill import shipments in 2024 saw a shift in concentration from high to low, with top exporting countries being China, Estonia, Poland, Italy, and Germany. The industry experienced a significant decline with a CAGR of -21.14% from 2020 to 2024. The growth rate from 2023 to 2024 plummeted by -86.21%, indicating a challenging year for the market. These trends suggest a potentially volatile market environment, requiring companies to adapt and strategize to navigate uncertainties and seize opportunities in the coming years.

Latvia's Sawmill market is anticipated to experience a stable growth rate of 2.86% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Sawmill Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sawmill Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sawmill Market - Industry Life Cycle |
3.4 Latvia Sawmill Market - Porter's Five Forces |
3.5 Latvia Sawmill Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Sawmill Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Sawmill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for timber products in construction and furniture industries |
4.2.2 Growth in the global wood processing industry |
4.2.3 Favorable government policies and regulations supporting the sawmill industry |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting profitability |
4.3.2 Environmental concerns and regulations impacting operations |
4.3.3 Competition from other timber-producing countries |
5 Latvia Sawmill Market Trends |
6 Latvia Sawmill Market Segmentations |
6.1 Latvia Sawmill Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sawmill Market Revenues & Volume, By Softwood Lumber, 2021-2031F |
6.1.3 Latvia Sawmill Market Revenues & Volume, By Hardwood Lumber, 2021-2031F |
6.2 Latvia Sawmill Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sawmill Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Latvia Sawmill Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Latvia Sawmill Market Revenues & Volume, By Packaging and Joinery Industries, 2021-2031F |
6.2.5 Latvia Sawmill Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Sawmill Market Import-Export Trade Statistics |
7.1 Latvia Sawmill Market Export to Major Countries |
7.2 Latvia Sawmill Market Imports from Major Countries |
8 Latvia Sawmill Market Key Performance Indicators |
8.1 Average log size and quality |
8.2 Efficiency of production processes |
8.3 Investment in sustainable forestry practices |
8.4 Adoption of technology and automation |
8.5 Employee training and skill development |
9 Latvia Sawmill Market - Opportunity Assessment |
9.1 Latvia Sawmill Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Sawmill Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Sawmill Market - Competitive Landscape |
10.1 Latvia Sawmill Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sawmill Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |