Brazilian Exports of Wood-Based Products Increased 30% Year-Over-Year in March 2022

According to the International Tropical Timber Organization (ITTO), in March 2022, the value of Brazilian exports of wood-based products (excluding pulp and paper) increased 30% in value compared to February 2021 (from US$326.9 million to US$424.0 million).

Pine sawnwood exports grew significantly, rising 51% in value between March 2021 (US$49.0 million) and March 2022 (US$73.9 million). By volume, exports increased approximately 10% over the same period of time (from 249.400 cu.m to 275.200 cu.m).

Tropical sawnwood exports increased 12% in volume, growing from 38,700 cu.m in March 2021 to 43,400 cu.m in March 2022. In value, exports grew 19.5% from US$14.9 million to US$17.8 million over the same period.

Demand for pine plywood modestly increased. Pine plywood exports experienced a 4.0% increase in value in March 2022 compared to March 2021, rising from US$82.9 million to US$86.2 million. The volume of exports increased 3% over the same period (from 208.100 cu.m to 214,000 cu.m).

Tropical plywood exports fell -4.6% in volume but increased 14% in value—from 6,500 cu.m, or US$2.8 million, in March 2021 to 6,200 cu.m, or US$2.2 million, in March 2022.

Wooden furniture exports fell from US$63.1 million in March 2021 to US$57.4 million in March 2022, a -9.0% 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.