Data from the Association of Exporters (ADEX) shows that up to November 2015, Peru's average wood products export prices were down almost 9.5% year on year from US$154 to US$139 per cu.m FOB.
As ITTO reports, products which featured prominently in November exports were profiled softwoods for strips and friezes which accounted for around 32% of all wood product exports.
November exports of profiled timbers fell almost 4% compared to November 2014. Other wood products of significance were sawnwood but exports fell by over 38% mainly because of a decline in purchases by importers in China.
Despite the weakening demand in China it remains the main market for Peru’s wood products accounting for about 37% of all wood product exports. A market that holds promise is Mexico. Compared to November 2014 there was a 7% increase in exports to Mexico in November 2015.
Peru's sawnwood exports up to the end of November 2015 were worth US$45.54 million, a year on year drop of around 24% but for Mexico exports rose by almost 22% compared to the same period in 2014.
Exports of semi-manufactured products were worth US$64 million for the eleven months to November 2105 with most destined for China which accounted for around 70% of all exports of semi-manufactured wood products. But demand in Denmark has bene sustained and expanded 35% year on year.
Peru’s exports of veneer and plywood dropped to US$15 million as of November, a decline of 5% year on year. The main export markets for veneer and plywood were Mexico and the United States but imports of veneer and plywood by Mexico were down almost 2.5%.
Peruvian exports of furniture and parts for the year ending November 2015 dropped 17% to US$5.96 million. The US accounted for 58% of all Peru’s furniture exports followed by Italy at 15%.
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