Abstract Bioenergy, including energy from wood, currently provides about 9–13% of the total global energy supply. Every fibre of fast-growing wood has a value for its potential use as a material in both pulp and paper and wood chemical industries. The aim of this study was to assess the chemical composition and fibre’s properties of fast-growing species in Latvia – aspen, hybrid aspen, lodgepole pine, poplar and willow. Results showed a variation of cellulose, lignin, extractives and ash contents among the species. Kraft pulp yield and amount of residual lignin were measured and properties of pulp fibres determined. Form factor and fine content in pulp were measured. Poplar and aspen wood had the highest content of cellulose, while lodgepole pine had the highest lignin content in wood and the longest kraft pulp fibres. Willow had 20% of fines in pulp. Individual results suggest the most suitable application of each species.