Brazilian Exports of Wood-Based Products Increased 74% Year-Over-Year in July 2021
Tropical Timber Market Report
According to the International Tropical Timber Organization (ITTO), the value of Brazilian exports of wood-based products (except pulp and paper) increased 74% in value year-over-year from US$269.7 million in July 2020 to US$468.9 million in July 2021.
Pine sawnwood exports grew 51% in value between July 2020 (US$48.9 million) and July 2021 (US$73.7 million). In volume, exports increased 4% over the same period, from 275,200 cu.m to 286,100 cu.m.
Pine plywood exports recorded a substantial increase in value in July 2021 in comparison with July 2020, growing from US$50.6 million to US$162.7 million. In volume terms, exports increased just 20% over the same period, growing from 212,900 cu.m to 255,800 cu.m.
As for tropical plywood, exports increased in volume (43%) and in value (110%), growing from 5,100 cu.m (US$2 million) in July 2020 to 7,300 cu.m (US$4.2 million) in July 2021.
Wooden furniture export earnings increased from US$6.6 million in July 2020 to US$71.7 million in July 2021.
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.