Brazilian Corrugated Cardboard Production Declines 1.8% in August 2025, but Exports Remain Strong

The Monthly Statistical Bulletin by Empapel reports a 1.8% decrease in Brazil’s corrugated cardboard index (IBPO) in August 2025 compared to the previous year, registering 165.3 points based on 2005=100. Despite the index decline, the total dispatch volume of boxes, accessories, and sheets reached 371,188 tons, making August the second-highest month in history for exports, just below August 2024’s 378,172 tons. When considering only business days, the average dispatch was 14,276 tons per day, reflecting a 1.9% increase over August 2024, partly due to a calendar difference. The seasonally adjusted IBPO dropped by 1.6% to 157.9 points, with an adjusted dispatch of approximately 353,715 tons. The daily dispatch rate increased by 2.2% over July 2025, indicating resilience amid the overall decline in the index.