Brazilian Exports of Wood-Based Products Increase Year-Over-Year in May
Tropical Timber Market Report, June 16th-30th 2024
According to the International Tropical Timber Organization (ITTO), Brazilian exports of wood-based products (excluding pulp and paper) increased 2.7% in value in May 2024 compared to May 2023, rising from US$328.3 million to $337.0 million.
Pine sawnwood exports declined 14% in value, from $74.5 million in May 2023 to $64.1 million in May 2024. In terms of volume, exports dropped 11%, from 306,300 m³ to 271,300 m³ during the same period.
Tropical sawnwood exports tumbled 18% in volume, from 29,000 m³ in May 2023 to 23,900 m³ in May 2024. In terms of value, exports fell 36%, from $14.9 million to $9.6 million over the same period.
Pine plywood exports increased 20% in value, from $63.8 million in May 2023 to $76.5 million in May 2024. In terms of volume, exports increased 11%, from 195,900 m³ in May 2023 to 217,100 m³ in May 2024.
Tropical plywood exports increased 9% in volume and 11% in value, rising from 3,200 m³ and $1.9 million in May 2023 to 3,500 m³ and $2.1 million in May 2024.
The value of wooden furniture exports increased from $52.1 million in May 2023 to $54.6 million in May 2024, marking a 5% increase during this 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.