Brazilian Exports of Wood-Based Products Declined Month-Over-Month and Year-Over-Year in January

According to the International Tropical Timber Organization (ITTO), in January, Brazilian exports of wood-based products (except pulp and paper) declined 32.0% in value compared to January 2022, falling from US$393.9 million in January 2022 to US$267.3 million in January 2023.

Pine sawnwood exports fell 10% in value, decreasing from US$49.7 million in January 2022 to US$44.6 million in January 2023. In volume, exports increased 6.5% during the same period, climbing from 180,600 cu.m to 192,400 cu.m.

Tropical sawnwood exports decreased 24% in volume, slipping from 38,900 cu.m in January 2022 to 29,500 cu.m in January 2023. In value terms, exports declined 0.6%, down from US$15.8 million to US$15.7 million over the same time period.

Demand for pine plywood exports declined 35% year-over-year, dropping from US$86.3 million in January 2022 to US$56.1 million in January 2023. In volume, exports dropped 15% over the same time period, down from 222,200 cu.m to 189,250 cu.m.

Tropical plywood exports tumbled 44% lower in volume—and by 44% in value—declining from 3,200 cu.m and US$6.3 million in January 2022 to 1,800 cu.m and US$3.5 million in January 2023.

The value of wooden furniture exports value fell from US$5.1 million in January 2022 to US$34.6 million in January 2023—a 34% decline.

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.