Brazilian wooden panels consumption grows 26.2% in 1Q-2021

BRAZIL - According to IBA (Brazilian Tree Industry) reports, in the first quarter of 2021 (1Q-2021) the consumption of wood boards (Particleboard / MDP, MDF and Hardboard) in Brazil reached 2.04 million m3, an increase of 26.2 percent compared to the 1.61 million m3 reached in 1Q-2020.

936BRASILIn 1Q-2021, consolidated sales in the Brazilian domestic market reached 2.02 million m3, an improvement of 25.3 percent compared to the same period in 2020 (1Q-2020: 1.61 million m3).

The export values ​​of Brazilian wood panels in 1Q-2021 reached USD 78.4 million, representing a growth of 14.3 percent compared to the USD 68.6 million exported in 1Q-2020.

Latin America was the main regional export market for Brazilian wood panels in 1Q-2021, with USD 47.3 million (1Q-2020: USD 38.1 million), which represented an increase of 24.1 percent. The North American market continued in importance and was the one with the highest growth with USD 23.7 million and a strong increase of 32.4 percent compared to 1Q-2020 (USD 17.9 million). China, although it fell 31.1 percent, was the third market for Brazilian wood panel exports, dropping from USD 4.5 million in 1Q-2020 to USD 3.1 million in 1Q-2021.

In 1Q-2021, the volumes exported by Brazilian wood panel manufacturers showed an improvement of 7.3 percent to 336 thousand m3 compared to 313 thousand m3 exported in 1Q-2020.

IBÁ is the association in Brazil that brings together the productive chain of trees planted for industrial purposes. The Association has been led by Paulo Hartung since March 2019.

BRA PANELS 1Q21 ENGL

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