Brazilian Exports of Wood-Based Products Increased 82% Year-Over-Year in June 2021

According to the International Tropical Timber Organization (ITTO), the value of Brazilian exports of wood-based products (except pulp and paper) increased 82% in value year-over-year from US$216.9 million in June 2020, to US$394.3 million in June 2021.

Pine sawnwood exports grew 74% in value between June 2020 (US$38.4 million) and June 2021 (US$66.7 million). In volume, exports increased 24% over the same period, from 224,500 cu.m to 278,800 cu.m.

International demand for plywood remained strong, and Brazil’s pine plywood exports increase almost 300% in value in June 2021 in comparison with June 2020, from US$34.8 million to US$136.9 million. In terms of volume, exports increased 65% over the same period from 145,800 cu.m to 239,800 cu.m. There was also a surge in demand for tropical plywood and the volume of exports increased 36.0% and in value by 75% from 3,900 cu.m (US$1.6 million) in June 2020 to 5,300 cu.m (US$2.8 million) in June 2021.

As for wooden furniture, export earnings jumped from US$38.0 million in June 2020 to US$62.4 million in June 2021 — a 64.0% rise.

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.