Recovery of Brazilian pine plywood exports

Source:
ITTO
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In 2013, there was a 24% increase in pine plywood exports, the first increase in five years. The main markets were Europe (71%) and North America (13%). Before the 2008/9 financial crisis the US was the main international market for pine plywood.

According to the Brazilian Association of Mechanically Processed Timber Industry (ABIMCI), the increase in exports is the result of promotional efforts by the pine plywood industry and the recent favorable exchange rate which also helped the recovery.

However, ABIMCI warns it is necessary to continue with the promotional efforts to secure better prices in international markets.

In 2013, Brazilian pine plywood exports were 1.164 million cubic metres but in 2007, before the financial crisis Brazil exported 1.536 million cubic metres.

Paraná state is the main pine plywood producer but exports transaction costs are high because of taxes and container handling fees at the Port of Paranaguá. These problems are compounded by the higher than average minimum wage paid by companies in the state.

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