Brazilian Exports of Wood-Based Products Increased 22.8% Year-Over-Year in January 2021

According to the International Tropical Timber Organization (ITTO), the value of Brazilian exports of wood-based products (except pulp and paper) in January 2021 amounted to US$253.6 million, an increase of 22.8% when compared to January 2020, when they were valued at US$206.6 million. Pine sawnwood exports decreased in value -6% year-over-year to US$35.2 million down from US$37.5 million. Pine plywood exports saw a surge of 91% in value in January 2021 in comparison with January 2020, from US$26.4 million to US$50.3 million. In volume terms, exports increased 41% over the same period, from 121,000 cu.m to 170,400 cu.m. The main market for Brazilian wood products in 2020 was China which took just over half of all wood products, but, in 2020, there was a -36% decline in exports to China. The second most important market for the semi-manufactured products in 2020 was France with a 15% share of exports but, as with China, exports to France fell year on year in 2020 dropping by a third. Denmark was the third placed market in terms of export value with an almost 9% share of exports and there was a rise of around 7% in the value of 2020 exports compared to a year earlier.

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