Brazilian plywood export price slips 2.7% in August

Brazil’s plywood exports have been falling sharply over the past two months after a Fort Lauderdale federal court revoked the certificates of a dozen Brazilian mills producing structural plywood for the US market. Brazil’s shipments of plywood decreased 36% year-on-year to 140 thousand m3 in August. The value of exports fell 52% to $56 million. In July, the decline in export volume amounted to 39.6%.

In August, the average price for exported Brazilian plywood slipped 2.7% compared to the previous month at $403 per m3, according to Lesprom Analytics. This is 24.7% less than a year ago when it was $535.

Brazil decreased exports of plywood to the U.S. by 44% year-on-year to 47 thousand m3 in August. Supplies to Mexico increased by 38% to 22.2 thousand m3, exports to Belgium decreased by 50% to 8 thousand m3.

See below the track record of Brazilian exports of plywood (HS 4412) from January 2021 to July 2022. The data is from DataLiner.

Plywood exports | Jan 2021 – Jul 2022 | TEUs

Source: DataLiner (click here to request a demo)

Source: Les Prom

To read the full original article, please go to:  https://www.lesprom.com/en/news/Brazilian_plywood_export_price_slips_2_7_in_August_104488/

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