Brazilian Exports of Wood-Based Products Increased 45% Year-Over-Year in February 2022

According to the International Tropical Timber Organization (ITTO), the value of Brazilian exports of wood-based products in February 2022 (excluding pulp and paper) increased 45% in value compared to February 2021 (from US$284.8 million to US$413.9 million).

Pine sawnwood exports grew 48% in value between February 2021 (US$46.2 million) and February 2022 (US$68.9 million). In volume terms, exports increased approximately 7% over the same period (from 238.500 cu.m to 254.300 cu.m).

Tropical sawnwood exports increased modestly in February, rising 2% in volume—from 30.100 cu.m in February 2021 to 31.800 cu.m in February 2022. In value, exports decreased -1.6% (from US$12.6 million to US$12.4 million) over the same period.

Demand for Pine plywood continued to accelerate. Pine plywood exports experienced a 37% increase in value in February 2022 compared to February 2021, from US$66.3 million to US$90.5 million. Also, the volume of exports increased 18% over the same period, from 194.500 cu.m to 229.700 cu.m.

Tropical plywood exports increased 13.5% in volume and 26% in value. Exports grew from 5.200.8 cu.m, or US$1.8 million, in February 2021 to 5.900 cu.m, or US$32 million, in February 2022.

For wooden furniture, the export value increased from US$55.1 million in February 2021 to US$60.3 million in February 2022—an almost 10% jump.

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.