According to the Brazilian Tree Industry (IBA) 2017 report launched recently, in 2016 the Brazilian planted forest sector experienced a crisis stemming from the severe weakening of the national economy and forestry sector growth fell 3.3% compared to a year earlier.
Although this 3.3% decline was significant it was lower than seen in the overall economy (-3.6%), in the industry in general (-3.8%) and in agriculture (-6.6%). In 2016 the Brazilian planted forest sector contributed 1.1% to total GDP and 6.2% of the industry sector contribution to GDP.
The Brazilian planted forest sector was responsible for generating R$11.4 billion in federal, state, and municipal taxes throughout 2016, which corresponds to 0.9% of all taxes collected in the country. However, this was 5% down year on year due mostly to the drop in domestic sales of paper, wooden panels and solid wood products.
In 2016, export revenue from the Brazilian planted forest industry reached US$8.9 billion, a 1.1% decrease compared to 2015. A drop in export prices for these products was the main reason for the fall in revenue. In terms of volume there was a 14% increase compared to the previous year.
