Paraguay’s timber export volume increased by 50% in 2021. Recently, Juan Carlos altier, vice president of the Paraguayan timber Federation (federaci ó n de madereros del Paraguay), said that with the gradual recovery of Paraguay’s economy, the forestry sector ended with excellent results in export volume. In 2021, the timber export volume rebounded sharply, with an increase of 50%, Close to the highest export volume (US $100 million) before the timber export crisis 10 years ago.

Paraguay’s national newspaper reported on February 7 that the economic recovery had a positive impact on the timber industry. Ten years ago, Argentina, as one of Paraguay’s largest timber importers, implemented trade barriers, which triggered a crisis in Paraguay’s timber industry. However, at the end of last year, Paraguay’s timber exports increased to about US $84 million, moving towards the historical high of US $100 million recorded by the timber industry 10 years ago. Paraguay’s timber orders have increased significantly recently, which is a very good sign. For this year’s estimate, he said that the achievements made last year have given the timber industry an encouraging prospect. If the conditions for increasing exports are met, it will maintain or exceed last year’s level.

It is reported that the diversity of wood in this field means that in some cases, cheaper materials may replace more expensive materials. “70% of our output is a material whose price is much cheaper than that of primary wood, so this may lead to a strange financial phenomenon, that is, more registered exports but less turnover. The large-scale production of this export material means that the pressure on China’s local forests is reduced.”