Brazilian Exports of Wood-Based Products Declined Year-Over-Year in July 2022

According to the International Tropical Timber Organization (ITTO), in July 2022 Brazilian exports of wood-based products (except pulp and paper) declined in value when compared to July 2021, falling from US$465.6 million in July 2021 to US$430.8 million in July 2022.

Pine sawnwood exports increased 23% in value, growing from US$73.7 million in July 2021 to US$90.6 million in July 2022. In volume, exports increased 7% over the same period, climbing from 286,100 cu.m to 305,800 cu.m.

Tropical sawnwood exports increased 10% in volume, rising from 41,200 cu.m in July 2021 to 45,500 cu.m in July 2022. In value, exports grew 35% from US$15.0 million to US$20.3 million over the same period.

In July, demand for pine plywood exports dropped 60.0% when compared to July 2021, falling from US$159.9 million in July 2021 to US$64.4 million in July 2022. In volume, exports also decreased 40% over the same period, sliding from 255,800 cu.m to 156,100 cu.m.

Tropical plywood exports decreased 20% in volume and 10% in value, falling from 7,300 cu.m/US$4.2 million in July 2021 to 5,900 cu.m/US$3.8 million in July 2022.

Wooden furniture export earnings dropped from US$71.7 million in July 2021 to US$58.1 million in July 2022, a 19.0% 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.
Original Source:
Tropical Timber Market Report: Volume 26, Number 16, 16th–31st August 2022