U.S. exports of hardwood lumber expand 12% in first half of 2022

In January-June, the U.S. exports of hardwood lumber expanded 12% year-on-year to 1.9 million m3. The value of exports jumped 21% to $1.3 billion. In first half of 2022, the average price of hardwood lumber expanded 8% to $679 per m3, according ton Lesprom.

In June, the average price for exported hardwood lumber edged down 0.9% compared to the previous month at $690 per m3, according to Lesprom Analytics. This is 4.9% more than a year ago when it was $657.

In July 2022 Brazilian exports of wood-based products (except pulp and paper) dropped 7.5% in value compared to July 2021, from $465.6 million to $430.8 million, as ITTO reports.

Pine sawnwood exports grew 23% in value between July 2021 ($73.7 million) and July 2022 ($90.6 million). In volume, exports increased 7% over the same period, from 286,100 m3 to 305,800 m3.

Tropical sawnwood exports increased 10% in volume, from 41,200 m3 in July 2021 to 45,500 m3 in July 2022. In value, exports grew 35% from $15 million to $20.3 million over the same period. Pine plywood exports saw a huge 60% decline in value in July 2022 compared to July 2021, from $159.9 million to $64.4 million. In volume terms exports also fell almost 40% over the same period, from 255,800 m3 to 156,100 m3.

As for tropical plywood, the volume of exports fell around 20% and in value by 10% from 7,300 m3 ($4.2 million) in July 2021 to 5,900 m3 ($3.8 million) in July 2022.

As for wooden furniture the exported value fell from $71.7 million in July 2021 to $58.1 million in July 2022, a 19% fall.

Written by Larry Adams
Original article


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