Brazilian Exports of Wood-Based Products Declined in December
According to the International Tropical Timber Organization (ITTO), in December 2022, Brazilian exports of wood-based products (except pulp and paper) declined 34.0% in value compared to a year ago, falling from US$423.2 million in December 2021 to US$278.8 million in December 2022.
Pine sawnwood exports fell 44% in value, decreasing from US$81.6 million in December 2021 to US$45.6 million in December 2022. In volume, exports declined 38% during the same period, slipping from 294,200 cu.m to 183,700 cu.m.
Tropical sawnwood exports were down 55% in volume, decreasing from 39,000 cu.m in December 2021 to 17,500 cu.m in December 2022. In value, exports were down 35.0%—from US$15.8 million to US$10.2 million—over the same time period.
Pine plywood exports declined 37% in value from a year ago, dropping from US$68.7 million in December 2021 to US$43.4 million in December 2022. In volume, exports dropped 27% over the same time period, from 185,900 cu.m to 135,600 cu.m.
Tropical plywood exports tumbled 70% lower in volume and 73% in value, falling from 8,300 cu.m and US$4.5 million in December 2021 to 2,500 cu.m and US$1.2 million in December 2022.
Wooden furniture exports fell from a value of US$74.5 million in December 2021 to US$43.9 million in December 2022. This represents a 41% 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.