Brazil’s Forest Products Sector Revenue from Exports of Pulp, Paper and Wood Panels Up 10.9% in First Ten Months 2017
(Brazil, Dec. 1, 2017) The Brazilian Tree Industry (Ibá) reported that from January through October of 2017, pulp exports rose 2.9% in comparison with the same period of the previous year, reaching 16.0 million tons sold; exports of wood panels increased by 29.4%, with 1.1 million cubic meters directed toward foreign markets, and paper exports grew 0.4% with almost 1.7 million tons traded. This positive performance propelled export revenues past the US$ 7 billion mark in the first 10 months of the year, growth of 10.9% over the same period in 2016. This created a US$ 6.15 billion surplus in the trade balance for the sector, an increase of 12.7%.
Export Revenue
In the first ten months of 2017, pulp exports reached US$ 5.2 billion (+13.7%), while paper exports were US$ 1.6 billion (+1.7%) and wood panel exports reached US$ 242 million (+20.4%).
Export Destination
For the combined period spanning January to October of this year, China continued to be the main destination for Brazilian pulp, with a share of 39.7%, representing revenues of US$ 2.1 billion (+18.0%). The second largest destination for pulp was the European countries, which during this period accounted for 31.4% of exports and more than US$ 1.6 billion (+5.6%). Latin American countries continued to be the main markets for paper and wood panels during the first ten months of the year, with export revenues exceeding US$ 1.0 billion (+11.6%) and US$ 126 million (+16.7%), respectively.
Production
The productive sector utilizing planted trees presented positive results in 2017. From January to October of this year, pulp production surpassed 15.9 million tons (+2.9%), and paper reached 8.7 million tons (+0.9%).
Domestic Sales
For the first ten months of 2017, the wood panel section showed positive results, with sales of more than 5.3 million cubic meters on the domestic market (+2.5%); at the same time, the paper industry reached the 4.5 million ton mark (-0.4%) during the same period.
To learn more about Ibá, please visit: www.iba.org (Source: Brazilian Tree Industry (Ibá))
