ECUADOR – Ecuadorian Particleboard / MDP exports exceeded USD 15 million in March 2021, a growth of 111.1 percent compared to the same month of the previous year.
It is worth remembering that in 2020 Ecuadorian Particleboard exports reached the figure of USD 128.9 million, which constituted a new annual record.
Behind the outstanding performance is Novopan del Ecuador, which supplied 99.1 percent of the total exported by the country in the quarter. In 1Q-2021, Novopan’s Particleboard exports reached USD 42.06 million for a growth of 43.8 percent compared to 1Q-2019 (USD 29.26 million).
The main external market for Ecuadorian Particleboard was Colombia. In 1Q-2021, Ecuadorian Particleboard for USD 22.07 million was shipped to the neighboring country, an improvement of 30.9 percent compared to the same period of the previous year (1Q-2020: USD 16.86 million).
Peru was the second most important foreign market for Ecuadorian Particleboard in 1Q-2021. With purchases for USD 16.18 million and a strong increase of 57.1 percent compared to 1Q-2020 (USD 10.30 million). Peru added to Colombia represented 90.1 percent of Ecuadorian Particleboard exports in 1Q-2021.
While in Colombia there is local production of Particleboard by Duratex Colombia and Primadera, in Peru national production has been non-existent since the closure of Tableros Peruanos S.A. (Tapesa) in early 2017.
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