Brazilian Exports of Wood-Based Products Increased 57.5% Year-Over-Year in April 2021

According to the International Tropical Timber Organization (ITTO), the value of Brazilian exports of wood-based products (except pulp and paper) in April 2021 amounted to US$376.4 million — an increase of 57.5% when compared to April 2020, when they were valued at US$238.9 million. Pine sawnwood exports increased in value 31% year-over-year to US$59.7 million up from US$45.6 million. Pine plywood exports increased 100% in value in April 2021 in comparison with April 2020, from US$49.19 to US$ 100.9 million. In volume terms, export volumes increased by just 20% over the same period, from 200,900cu.m to 2241,200cu.m. As for tropical plywood, exports increased in volume (28%) and in value (39%) — from 6,100cu.m/US$2.6 million in April 2020 to 7,800cu.m/US$3.6 million in April 2021. Wooden furniture export earnings increased from US$25.7 million in April 2020 to US$72.2 million in April 2021, a 181% growth in the total exports of the product during the period.

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