Lumber exports will increase in 2018 after five years in red | Economy



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After reporting five consecutive years of decline, Peruvian exports of the timber sub-sector would show signs of recovery by the end of 2018.

There would be a slight increase of 1% over last year, for a total amount of 123 million US dollars, projected by the Foreign Trade Center (CCEX) of the Lima Chamber of Commerce.

These results could be explained by an increased demand for manufactured goods which are distinguished by their high added value. These include badembled boards for flooring (parquet), wooden furniture, doors and frames.

Between 2013 and 2017, wood exports recorded an average annual decline of 5.4%, for bad practices of illegal logging and handling.

POSITIVE BEHAVIOR

During the first eight months of the year, the sector recorded a positive performance, with deliveries abroad reaching US $ 79 million, 3% more per year. compared to the same period of the previous year

This would reaffirm that the sector is going through a slow process of recovery started in January 2018.

For the CCEX, the results of this period were the increase exports of semi-manufactured products, in particular slats and strips for parquet, without badembly, excluding softwoods. In addition, there are opportunities for immediate growth in some sectors, including sawnwood.

In 2017, Peruvian wood exports totaled US $ 121 million, which represents a reduction of 6% over the year. 2016.

In that year, the main wood products exported were: semi-finished products (US $ 85 million), or 70% of total exports; sawn wood ($ 24.4 million), with 20%; and manufactured goods ($ 12.07 million), with 10%.

China appears as the main destination of wood exports with shipments of slats and friezes for parquet, molded wood in the amount of $ 59 million and other sawn timber.

Mexico (US $ 18 million) follows with acquisitions of wood, ferrules, imbuia and sawn balsa, plywood and other sawn timber; United States ($ 12 million), with planks badembled for flooring, densified block wood and other wood furniture.

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