Market Information Service

Towards greater transparency in the tropical timber markets

The ITTO Tropical Timber Market (TTM) Report, an output of the ITTO Market Information Service (MIS), is published in English every two weeks with the aim of improving transparency in the international tropical timber market. The TTM provides market trends and trade news from around the world, as well as indicative prices for over 400 tropical timber and added-value products.



16-31 March 2013

Top story

US housing market recovery well underway

Recovery of the US housing market is well underway with unsold inventories dropping, home prices rising and new starts increasing.
The preliminary total for existing home sales in 2012 was 4.65 million, the highest since 2007.
Sales of existing homes declined in December, but they were 13% above sales in December 2011 at a seasonally adjusted rate.
Building permit data remains positive. The total number of permits issued in 2012 was 813,400, 30% above 2011. The number of permits issued is an indicator of future building activity

Also in this issue

  • Launch of Malaysian timber legality assurance system (MYTLAS)           
  • Licensing conditions to be eased for timber enterprises in Myanmar
  • In Brazil, Rio Grande do Sul leads in furniture exports
  • Japan opens negotiations on trilateral FTA and multilateral TTP
  • China - Australia cooperation to eliminate illegal timber from trade
  • EUTR likely to encourage consolidation in EU timber trade
  • New California law  reduces number of  home foreclosures
  • Spending on US home remodelling forecast to grow

Data snapshot


Planted forest area brazil eucalyptus pine SFM

Source: furnitureinbrazil

The Brazilian furniture industry

The Brazilian furniture industry comprises more than 16,000 small, medium and large sized companies. Most of these companies are located in the major furniture hubs such as in Bento Gonçalves, Rio Grande do Sul; São Bento do Sul, Santa Catarina; Arapongas in Parana; Mirassol, Votuporanga and São Paulo; Ubá in Minas Gerais, and Linhares in Espírito Santo.
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