Analysis of Brazilian Timber Exports - May 2024
May 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 May 2024.
1. Export Volume: In May 2024, Brazil exported timber worth a total of US$ 334,687,088.
2. Export Value: The total export value of timber in May 2024 was US$ 334,687,088.
3. Main Exported Products:
Plywood, veneered wood, and similar laminated wood: US$ 174,651,700
Firewood in any form, wood chips or particles, sawdust, waste and scrap, even agglomerated: US$ 89,211,200
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 May 2024 were:
United States: US$ 149,490,821
Mexico: US$ 28,978,600
Canada: US$ 27,452,100
5. Economic Analysis: In May 2024, we observed a significant increase in the total value of timber exports compared to April. The United States remains the leading destination, followed by Mexico and Canada, indicating robust demand in North American markets.
6. Market Trends:
Growth Trend: The increase in export values suggests strong demand in the United States, Mexico, and Canada.
New Markets: The consistent performance of Mexico as a key destination highlights its growing importance 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 and are crucial for maintaining market competitiveness.
Conclusion: The analysis of May 2024 data shows that the Brazilian timber export sector is experiencing positive growth, driven by strong demand in North American 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.