Peruvian wood sector exports from January to April 2008 were USD80.44 million (FOB) up from USD62.64 million in 2007, an increase of 34.2%. This was due to increased demand from Mexican and Chinese markets. Exports in April 2008 grew USD7.07 million compared with exports for the same month in 2007, since cost savings were achieved by shipping exports to Mexican markets via boat. The fastest growing export products in the first quarter were building products (123%), sawnwood (34%) and wood plaques and plywood (32.1%). Products that have decreased include furniture and furniture parts (–13.8%), since the US market was the destination of more than 80% of Peru’s production. Products that have shown a high increase in exports were wood parts, with cumaru as the most popular type.
Sawnwood was still the principal export business, representing 50.9% of exports from the sector. Exports in the January to April 2008 period were USD41.01 million while for the same period in 2007, exports were USD30.55 million. Sawnwood exports in April 2008 increased USD6.57 million compared to the same month in 2007. Sawnwood exports in this period rose due to an increase in exports of species such as cumala, cedar, tornillo, congona and odorless estoraque.
Semi–manufactured products represented 25.9% of wood sector exports. Exports during the January to April 2008 period were valued at USD20.02 million and exports for the same period during 2007 were USD17.02 million, a year-on-year increase of 22.6%. Exports of semi–manufactured products in April 2008 grew USD95.16 million from the value of products during the same period in 2007. The increase in this sub-sector was due to the progressive rise in exports of wood pieces and decking, for which China was the main market.
Exports of furniture and furniture parts were worth USD 4.81 million for the January to April 2008 period. Exports for the same period in 2007 were USD5.57 million, resulting in a 13.8% drop in exports for 2008. Exports in April 2008 decreased USD438,350 from the same month in 2007. The drop was due to the fall of imports to the US, the main destination for Peru’s furniture.
Exports of wood plaques and plywood exports for the January to April 2008 period were USD9.62 million, up 32.1% from the same period in 2007. By value, however, exports of wood plaques and plywood in April 2008 fell USD345,940 from the same period in 2007. Mexico was the main export market for wood plaques and plywood, although the sector was boosted by growing demand from the Venezuelan and Central American markets. Peru’s three main export destinations for the January to April 2008 period were Mexico, the US and China. In the first quarter of 2008, Mexico remained the main export destination, growing almost 100% compared to last year. Mexico represented 40.1% of exports. Exports to the US decreased 14.9% while exports to China, the third destination market, increased 30.1%. Nevertheless, there are new market destinations such as Venezuela, Canada and France that may overtake the current top three destinations.
Peru
Peru Sawnwood Prices
Peru
Sawnwood, FOB Callao Port
US$
per m³
Mahogany S&B KD 16%, 1-2'' random
lengths (US market)
