* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.
Currency conversion factor: (EUR -> USD) = 1.186
The industry classification is based on the NACE Rev.2 - system in Latvia. The industry “manufacture of veneer sheets and wood-based panels“ has the code “C1621“.
The wood and related products industry has been one of the key industrial sectors for Latvia over the years. This is not a surprise considering that over half of the country’s land area is covered in dense timberland. Even though the market had to endure some rough weather in the aftermath of the 2008 financial crisis, it has now demonstrated strong recovery. In fact manufacture of wood and cork products overtook the wood sawmilling industry for the first time in many years in 2019.
Processed lumber, birch plywood and softwood wood panels are the main products in the country, not only for the domestic market but for exports as well. Other key products include those derived from semi-finished wood and high-value added wood products. Revenues from the manufacture of veneer sheets and wood-based panels have witnessed a steady increase over the years and this trend is expected to continue over the short to medium term as well, with the market estimated at million U.S. dollars. One of the main drivers of this market is the country’s overall construction industry, which has witnessed consistent growth over many years.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Use ÌÇÐÄÆƽâ°æ now:
unlimited access to all content
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Eurostat. (April 1, 2019). Industry revenue of »manufacture of veneer sheets and wood-based panels« in Latvia from 2011 to 2023 (in million U.S. Dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /forecasts/393537/manufacture-of-veneer-sheets-and-wood-based-panels-revenue-in-latvia/
Eurostat. "Industry revenue of »manufacture of veneer sheets and wood-based panels« in Latvia from 2011 to 2023 (in million U.S. Dollars)." Chart. April 1, 2019. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /forecasts/393537/manufacture-of-veneer-sheets-and-wood-based-panels-revenue-in-latvia/
Eurostat. (2019). Industry revenue of »manufacture of veneer sheets and wood-based panels« in Latvia from 2011 to 2023 (in million U.S. Dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /forecasts/393537/manufacture-of-veneer-sheets-and-wood-based-panels-revenue-in-latvia/
Eurostat. "Industry Revenue of »manufacture of Veneer Sheets and Wood-based Panels« in Latvia from 2011 to 2023 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Apr 2019, /forecasts/393537/manufacture-of-veneer-sheets-and-wood-based-panels-revenue-in-latvia/
Eurostat, Industry revenue of »manufacture of veneer sheets and wood-based panels« in Latvia from 2011 to 2023 (in million U.S. Dollars) ÌÇÐÄÆƽâ°æ, /forecasts/393537/manufacture-of-veneer-sheets-and-wood-based-panels-revenue-in-latvia/ (last visited August 04, 2026)
Industry revenue of »manufacture of veneer sheets and wood-based panels« in Latvia from 2011 to 2023 (in million U.S. Dollars) [Graph], Eurostat, April 1, 2019. [Online]. Available: /forecasts/393537/manufacture-of-veneer-sheets-and-wood-based-panels-revenue-in-latvia/
