Analysis of Brazilian Timber Exports - February 2024
Welcome to our monthly analysis of the Brazilian timber export market. In this post, we present the latest data provided by the MDIC, highlighting exported volumes, values, main destinations, and market trends. Let's see how the sector performed in February 2024.
1. Export Volume: In February 2024, Brazil exported timber worth a total of US$ 304,477,542.
2. Export Value: The total export value of timber in February 2024 was US$ 304,477,542.
3. Main Exported Products:
Sawn or chipped wood: US$ 150,648,200
Plywood, veneered wood, and similar laminated wood: US$ 90,123,600
Firewood in any form, wood chips or particles, sawdust, waste and scrap, even agglomerated: US$ 30,158,800
4. Export Destinations:
The main destinations for Brazilian timber exports in February 2024 were:
United States: US$ 122,936,051
Mexico: US$ 24,565,900
Canada: US$ 24,128,600
5. Economic Analysis: In February 2024, we observed continued strong performance in export values. The United States remains the top destination, with Mexico and Canada also being significant markets.
6. Market Trends:
Growth Trend: The demand in key markets like the United States and Mexico continues to be robust.
New Markets: Mexico shows potential for further growth as an emerging market for Brazilian timber.
7. Sustainability and Challenges: The sector continues to face challenges such as the need for rigorous environmental certifications. However, sustainability initiatives, such as the use of green technologies, have shown positive results.
Conclusion: The analysis of February 2024 data shows that the Brazilian timber export sector continues to perform well. With a dynamic global market, it is essential to maintain sustainable and adaptable practices to ensure continuous growth. Join us monthly for more updates and insights on the market.