According to the Export Association of Peru (ADEX),
wood sector exports from January – September 2009 were
worth US$105 million FOB while for the same period in
2008 they were US $174 million a drop of almost 40%.
In the January – March quarter, the three main wood
export markets were China, Mexico and the United States
and these three accounted for 79% of wood sector exports.
In the first three quarters of the year the Bolivia market
emerged as significant with its imports of mainly plywood
and parquet jumping more than 350% the same period in
2008.
New Zealand also represented a growing market with its
imports from Peru more than tripling on 2008. New
Zealand imported a large quantity of sleepers (railway
cross-ties HS 440690).
Weak Mexican demand
On the other hand, the Mexican market weakened with
overall wood imports from Peru dropping 64% and
imports of mouldings ceased altogether! A similar picture
emerged in Canada where imports from Peru were down
63%.
Semi manufactured exports hit
Exports of semi-manufactured products accounted for
40% of the total trade in wood products.
The main export destination for products in this sub-sector
was China (76%). On the other hand, the market in Hong
Kong grew strongly.
The Sawnwood export in the first three quarters
represented the second largest export sector at 37% of all
wood products exported and they were worth US$39
million FOB down 51% on the same period in 2008.
The main market for sawnwood was Mexico, taking 35%
of exports.
Exports of veneer and Plywood in the first three quarters
stood at US$11 million FOB down over 50% with Mexico
taking the biggest share at 82% of all veneer and plywood
exports.
The exports of furniture and parts dropped 42% in the
period January – September 2009 to US$ 5.5 million FOB.
The US is the largest market for Peru’s furniture and parts
exports accounting for around half of all furniture exports.
Peru
Peru Sawnwood Prices
Peru
Sawnwood, FOB Callao Port
US$
per
m³
Mahogany S&B KD 16%, 1-2'' random
lengths (US market)