Brazilian Exports of Wood-Based Products Increased 21% in Year-Over-Year in May 2022

According to the International Tropical Timber Organization (ITTO) in May 2022 Brazilian exports of wood-based products (except pulp and paper) increased 21% in value compared to May 2021, from US 416.2 million to US $503.2 million.

Pine sawnwood exports increase 27% in value growing from US $66.5 million in May 2021 to US $74.6 million in May 2022. In volume, export declined slightly over the same period from 298,100 m3 to 295,200 m3.

Tropical sawnwood exports increased 7% in volume, from 41,200 m3 in May 2021 to 43,900 m3 in May 2022. In value, exports grew 13% from US $6.6 million to US $18.8 million over the same period.

In May, demand for Pine plywood exports decreased 20.0%, when compared to May 2021, from US $127.7 million in May of 2021 to US $101.6 million in May 2022. In volume, exports also decreased 3.0% over the same period, from 2417,000 m3 to 239,200 m3.

Tropical plywood, exports declined 7.7% in volume but increased in value 6.0%, from 6,500 m3 or $3.2 million in May 2021, to 5,900 m3 or $3.4 million in May 2022.

Wooden furniture export earnings dropped from US $69.7 million in May 2021 to US $58.9 million in May 2022, an almost 16.0% drop.


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