Brazilian Exports of Wood-Based Products Decline Year-Over-Year in August 2022

According to the International Tropical Timber Organization (ITTO), Brazilian exports of wood-based products (except pulp and paper) in August 2022 declined 2% in value compared to August 2021, falling from US$412.6 million in August 2021 to US$404.6 million in August 2022.

Pine sawnwood exports increased 8.3% in value, growing from US$69.0 million in August 2021 to US$74.7 million in August 2022. In volume, exports declined slightly over the same period, slipping from 255,300 cu.m to 254,200 cu.m.

Tropical sawnwood exports increased 1% in volume, rising from 35,300 cu.m in August 2021 to 35,700 cu.m in August 2022. In value, exports grew 25% from US$13.0 million to US$16.2 million over the same period.

Demand for Pine plywood exports dropped 54% compared to August 2021, down from US$108.8 million in August 2021 to US$50.5 million in August 2022. In volume, exports also decreased 35% over the same period, falling from 195,900 cu.m to 127,100 cu.m.

Tropical plywood exports decreased 44% in volume and 34% in value—from 9,200 cu.m, or US$5.6 million, in August 2021 to 5,200 cu.m, or US$3.69 million, in August 2022.

Wooden furniture export earnings dropped from US$66.4 million in August 2021 to US$61.8 million in June 2022, an 8.0% decline year-over-year.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.