Brazil: IBA reports a solid export performance in 2016

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Fordaq
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According to the Brazilian Tree Industry’s (IBA) 2016 report launched recently, for the second consecutive year the slowdown in domestic construction led to a decline in domestic consumption of sawnwood. The report says consumption fell from 7.2 million cu.m in 2015 to 6.4 million cu.m in 2016.

Nevertheless, as a result of the depreciation of the Brazilian currency against the dollar the sector increased sawnwood exports by 39% compared to 2015. 2016 exports totalled 2.2 million cubic metres.

However, total production of plywood panels from planted forests increased by only 3.8% in 2016, reaching 2.7 million cubic metres of which 1.8 million was destined for export.

Meanwhile, sales of this product in the domestic market fell almost 12% compared to 2015, totaling 900,000 cu.m in 2016.

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