Analysis of Brazilian Timber Exports - March 2024
March 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 March 2024.
1. Export Volume: In March 2024, Brazil exported timber worth a total of US$ 286,668,173.
2. Export Value: The total export value of timber in March 2024 was US$ 286,668,173.
3. Main Exported Products:
Plywood, veneered wood, and similar laminated wood: US$ 142,938,700
Firewood in any form, wood chips or particles, sawdust, waste and scrap, even agglomerated: US$ 85,211,200
Fiberboard of wood or other ligneous materials, even agglomerated with resins or other organic binders: US$ 30,158,800
4. Export Destinations:
The main destinations for Brazilian timber exports in March 2024 were:
United States: US$ 130,821,849
Mexico: US$ 26,823,200
Canada: US$ 23,452,100
5. Economic Analysis: In March 2024, there was a slight decrease in the total value of timber exports compared to the previous month. However, the United States continues to be the leading destination, with Mexico and Canada following.
6. Market Trends:
Growth Trend: Demand in key markets like the United States remains strong.
New Markets: Mexico and Canada continue to show promise as significant markets 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 March 2024 data shows that the Brazilian timber export sector is maintaining steady performance. 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.