Brazilian Exports of Wood-Based Products Increase 22% Year-Over-Year in November 2020

According to the International Tropical Timber Organization (ITTO) the value of Brazilian exports of wood-based products (except pulp and paper) in November 2020 amounted to $299.3 million (USD), an increase of 22% when compared to November 2019 (when the value was $245.1 million USD). Pine sawnwood exports increased in value 21% year-over-year to $47.2 million (USD) up from $39.0 million (USD) in November 2019. Pine plywood exports saw a 78% jump in value in November 2020 up to $64.1 million (USD) compared to $36.0 million in November 2019. In volume terms, exports increased 41% over the same period, from 160,700 cu.m to 226,400 cu.m. Wood-based panel exports to China increased in 2020. Fiberboard and particleboard exports showed some growth in 2020, increasing 1.5% compared to 2019. However, for the two largest consumers among the 155 countries that purchased wood-based panels from Brazil, the United States and China, there was an increase in exports. Exports to China increased 51%, while sales to the United States increased 24%.

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