Analysis of Brazilian Timber Exports - June 2024
June 2024
Timber Exports Series
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 June 2024.
1. Export Volume: In June 2024, Brazil exported timber worth a total of US$ 313,133,210. Compared to the previous month, there was a slight decrease in export value, reflecting a negative variation of approximately 6.4%.
2. Export Value: The total export value of timber in June 2024 was US$ 313,133,210. This represents a decrease compared to May 2024, when exports totaled US$ 334,687,088.
3. Main Exported Products:
Plywood, veneered wood, and similar laminated wood: US$ 167,314,700
Firewood in any form, wood chips or particles, sawdust, waste and scrap, even agglomerated: US$ 84,211,200
Fiberboard of wood or other ligneous materials, even agglomerated with resins or other organic binders: US$ 25,158,800
4. Export Destinations:
The main destinations for Brazilian timber exports in June 2024 were:
United States: US$ 132,597,744
Mexico: US$ 35,201,900
Canada: US$ 30,528,600
5. Economic Analysis: In June 2024, we observed a reduction in the total value of timber exports compared to May, reflecting a slight market contraction. However, the increase in exports to Mexico and Canada indicates a possible redirection of exports to these markets.
6. Market Trends:
Growth Trend: Despite the slight overall decline, demand in countries like Mexico and Canada shows signs of growth.
New Markets: The increase in exports to Mexico suggests a significant 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 June 2024 data shows that the Brazilian timber export sector faces challenges but also presents growth opportunities in new markets. 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.