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August 20, 2019

Sharp fall for Brazilian wood products exports in June 2019

Sharp fall for Brazilian wood products exports in June 2019

The value of Brazilian exports of wood-based products in June 2019 (excluding pulp and paper products) fell 12% year on year from US$263.4 million to US$230.6 million.

The value of June 2019 pine sawnwood exports dropped around 5% year on year (2018 June US$45.5 million and 2019 June US$43.4 million). In volume terms exports increased 11% from the same period in 2018 from 214,200 cu.m to 237,700 cu.m.

Tropical sawnwood exports also fell in June dropping 14% in volume, from 47,400 cu.m (June 2018) to 40,800 cu.m in June 2019. But in terms of value exports dropped almost 19% from US$19.1 million to US$ 15.5 million.

The downward trend in exports continued with pine plywood which recorded a 36% fall in the value of exports in June 2019 in comparison with June 2018, from US$60.8 million to US$38.7 million. Export volumes also fell but by a lesser amount dropping 10% from 173,700 cu.m in June 2018 to 155,700 cu.m this June.

The decline in exports was even more severe for tropical plywood as export volumes fell 39% and export values dropped a massive 46% from 11,600 cu.m (US$1.2 million) in June 2018 to 7,100 cu.m (US$ 2.8 million) in June 2019.

Adding to the bad news, wooden furniture export earnings fell from US$49.1 million in June 2018 to US$43.4 million in June 2019, an almost 12% decline.

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