Brazil surpass China in plywood exports to USChristian Fernsby ▼ | May 16, 2019
US plywood imports from China fell 55.1% y-o-y in first quarter to 161.7 thousand m3 with import value declined 55.1% to $129.3 million, according to USDA data.
Plywood export value from Brazil to US fell 23.0% to $50.9 million due to the low average price that declined 12.7% to $302 per m3.
While the average price for plywood from China expanded 13.4% to $800 per m3.
Canada decreased 6.25% of plywood exports to US to 151.8 thousand m3 with export value dropped 4.74% to $80.5 million.
US imports from Indonesia fell 25.0% to 102.5 thousand m3 with import value declined 16.2% to $72.5 million.
Imports from Chile decreased 13.2% to 95.5 thousand m3 with import value slided 4.97% to $42.9 million.
Russian exports to US dropped 2.63% to 91.3 thousand m3 with export value expanded 11.7% to $45.8 million.
Among the main exporters of plywood to US, only Vietnam showed a growth.
Plywood imports to US from Vietnam soared 199.0% to 113.3 thousand m3 with import value jumped 153.6% to $70.4 million.
In the first three months of 2019, the total US plywood imports fell 19.7% to 1.08 million m3 with import value declined 19.2% to $624.0 million. ■