Brazil hardwood mouldings loses market share to China
Shipments of Chinese mouldings to US were worth US$6.2 Mn, up 27 per cent year-to-date from June last year, while imports from most countries declined in June with the largest drop in imports from Brazil.
Brazil’s shipments fell one-third to US$2.4 million. Imports from Malaysia fell to just over US$0.5 Mn in June. Imports from China accounted for over 40 per cent of total hardwood moulding imports in June.
The US imported US$15.0 Mn worth of hardwood moulding in June, down 15 per cent from May. Year-to-date imports were slightly higher (+1%) than in June 2016.