Peru’s Exporters Association (ADEX) has reported that between January and April, Peruvian wood product exports were down around 35% to US$26.5 million FOB. In the same period last year exports were worth US$41 million.
In the same 4 month period exports of semi-manufactured products accounted for over half of all export but saw a 45% decline year on year. Sawnwood exports accounted for over 30% of export earnings and surprisingly 2020 earnings were over 20% higher than in 2019.
In contrast, export earnings from veneer and plywood dropped over 25%. Of the US$26.5 million exported in the first 4 months of this year China continued to be the main market accounting for around 40% of all wood product exports (mainly sawnwood).
But, the value of earnings from China in 2020 was down over 20% compared to the same period in 2019. Mexico was the second largest market at 11% of exports but here the value of exports dropped over 30%.
France and the United States are in third and fourth placed markets and in both the decline in export sales was well over 50%.