ECUADOR – Ecuador’s exports of particleboard / MDP totaled USD 91.3 million between January and June 2025, marking a decline of 8.1% compared to the same period in 2024.
Despite the overall drop, the first half of the year revealed growth in key markets such as Peru, Mexico, and the United States.
Peru emerged as the top growth destination with a 19.8% increase in imports, reaching USD 38.8 million, narrowing the gap with Colombia—the main destination—whose purchases fell sharply by 26.6% to USD 39.3 million. Mexico and the U.S. also showed positive momentum, with year-over-year increases of 5.3% and 3.9%, respectively.
Meanwhile, Panama registered a 26.5% decline, and Colombia’s drop significantly impacted the overall total. Other destinations combined posted a modest rise of 2.4%.
By exporter, Novopan del Ecuador remained dominant, shipping over USD 90.1 million in the period, down 8.0% from the prior year. Aglomerados Cotopaxi saw a steeper 33.8% fall in its sales abroad. In June alone, monthly exports dropped 24.5% year-over-year to USD 12.2 million.
The most notable increase came from El Salvador, which more than doubled its imports (+148.8%). Mexico also grew slightly (+2.6%), but major destinations like Colombia, Panama, and the Dominican Republic posted sharp declines

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