Brazilian wood-based panels exports rise by 20%

According to the Brazilian Tree Industry Association (IBÁ) in the first nine months of this year Brazilian woodbased panel exports were worth US$212 million, a 20% increase year on year. On the other hand imports of woodbased panels remained stable at around US$3 million.

Latin American countries remained the main markets for Brazil’s woodbased panels in the first nine months of this year with export revenues of over US$ 110 million, a 17% increase compared to last year.

Asia and Oceania markets grew 70% over the same period and the value of exports jumped from US$20 million in the first nine months of 2016 to US$34 million over the same period this year. In contrast, exports to Europe fell by around 50% to US$3 million.

In the period from January to September 2017 the Brazilian domestic market absorbed 4.8 million cubic metres.