Brazil's wood product exports drop 10.8% in August 2024

October 01, 2024
Source:
ITTO/Fordaq
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108
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In August 2024, Brazilian exports of wood-based products (excluding pulp and paper) decreased 10.8% in value compared to August 2023, from US$300.7 million to US$268.4 million.

Pine sawnwood exports decreased 9.2% in value between August 2023 (US$53.2 million) and August 2024 (US$ 48.3 million). In volume, exports decreased 10.4% from 230,100 cu.m (August 2023) to 206,200 cu.m (August 2024).

Tropical sawnwood exports decreased 33.1% in volume, from 26,300 cu.m in August 2023 to 17,600 cu.m in August 2024. In value, exports decreased 48.4% from US$12.6 million to US$6.5 million, over the same period. As for tropical plywood, exports decreased 40.0% in value and 37.5% in volume, from US$1.5 million and 2,400 cu.m in August 2023 to US$0.9 million and 1,500 cu.m in August 2024.

As for wooden furniture, export value decreased 10.6% from US$54.0 million in August 2023 to US$48.3 million in August 2024.

Pine plywood was the one wood-based product category which saw an increase in foreign sales. Exports rose 8.9% in value in August 2024 (US$ 58.5 million) compared to August 2023 (US$53.7 million).

In volume, exports increased 3.0% over the same period, from 168,500 cu.m (August 2023) to 173,600 cu.m. (August 2024).

The 21% fall in Brazilian exports of wood products in August 2024 compared to July was attributed to shipping difficulties. Uncertainties related to maritime transport are negatively impacting the sector, even as exporters manage to overcome challenges such as high production costs and internal logistics. Competition for space on ships and rising freight costs are among the main factors affecting the sector.

In the first half of 24, Brazil’s southern ports saw a 30% increase in container shipments. While the Port of Navegantes, in Santa Catarina state recorded a 22% drop in timber cargo volume, volumes through the Ports of Paranaguá in Paraná state and Itapoá in Santa Catarina grew by 84% and 14%, respectively.