PERU – In the first half of 2024 (6M-2024), Peru experienced a notable decrease in its imports of particleboard / MDP, with total import values falling by 16.9% compared to the same period in 2023.
The largest importer, Novopan Peru, reported a decrease of 13.7%, with imports totaling USD 32.2 million, down from USD 37.3 million last year. This decline reflects a broader trend among major importers, with several key players experiencing substantial reductions. Representaciones Martín saw the most dramatic drop, with its import values falling by 44.6%, from USD 19.4 million in 6M-2023 to USD 10.7 million in 6M-2024.
In contrast, Maderas America managed to increase its imports by 9.4%, reaching USD 6.4 million compared to USD 5.8 million the previous year. Arauco Peru faced a 26.8% reduction, with imports falling to USD 6.2 million. Inversiones Jocema and Grupo Yofasa were notable exceptions to the downward trend, showing impressive growths of 298.9% and 163.1%, respectively, with import values rising to USD 3.1 million and USD 1.4 million.
Ecuador was again the main supplying country, but experienced a 13.4% decrease, with export values dropping to USD 32.9 million in 6M-2024 from USD 38.0 million in 6M-2023. Spain also saw a notable decrease, with exports falling by 24.5%, resulting in USD 13.8 million worth of imports in 6M-2024 compared to USD 18.3 million in same period 2023..
Brazil was one of the few countries to see an increase in its exports to Peru, with a 15.1% rise, bringing the total to USD 11.1 million in 6M-2024. Meanwhile, Chile faced a significant decline of 37.8%, with exports dropping to USD 7.4 million from USD 11.9 million in 2023.
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