Market research

Coniferous wood fuel market in Colombia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Production of coniferous wood fuel in Colombia grew to 1 538 thousand m³ in 2019, supported by rising global demand for wood pellets as a renewable energy source and reinforced by sector-wide meetings that strengthened industry collaboration. The launch of the Intersectoral Pact for Legal Timber in 2020, aimed at curbing illegal logging, initially led to market adjustments and a drop in output to 1 490 thousand m³.

Output stabilized at 1 490 thousand m³ in 2021 following the announcement of a government credit line for commercial forest plantations designed to spur investment. However, production continued to decline, falling to 1 418 thousand m³ in 2022 and 1 385 thousand m³ in 2023, driven by a persistent structural shortage of legal timber—where 43% of consumption was met from illegal sources—as well as ongoing supply chain disruptions and a lack of skilled labor.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Colombia
  1. 5.1.1. Annual dynamics of production in Colombia in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Colombia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Colombia in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Colombia by countries, 2018-2024, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Colombia in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Colombia by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Colombia, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Colombia by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Colombia in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Colombia by countries, 2018-2024, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Colombia in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Colombia by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Colombia, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Colombia by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's exports from Colombia in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Colombia by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Colombia in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Colombia by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Colombia, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Colombia by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's exports from Colombia in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Colombia by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Colombia in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Colombia by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Colombia, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Colombia by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, m³
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coniferous wood fuel in Colombia

In kind, 2017-2020, K m³

Colombia was among the world's leading producers of coniferous wood fuel from 2017 to 2020, ranking 27th globally by production volume.

Top producers of coniferous wood fuel, 2017-2020

Source: SHEV.io

World map of production of coniferous wood fuel, 2017-2020

Source: SHEV.io

Colombia's coniferous wood fuel production saw a two-year increase before declining. In 2020, production reached 1 490 K m³, marking a moderate decrease of 3.2% compared to the previous year. Over the 2017-2020 period, overall production grew by 15.9%, with a compound annual growth rate of 5.0%. The highest production level was recorded in 2019 at 1 538 K m³, while the largest annual increase occurred in 2018 with a 12.5% rise.

Annual dynamics of production in Colombia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	12.5%	6.4%	(3.2%)	5.0%

Source: SHEV.io

Exports coniferous wood fuel from Colombia

Exports in kind, m³

In 2020, Colombia exported 39.4 m³ of coniferous wood fuel, showing a dramatic increase of 7,159.9% compared to 2019.

Annual dynamics of product's exports from Colombia in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	7 159.9%	-

Source: SHEV.io

From 2017 to 2020, the structure of Colombia's coniferous wood fuel exports in volume terms was dominated by Aruba, which accounted for 77.1% of total flows, with numerous smaller partners making up the remainder.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Colombia in kind, 2017-2020

Source: SHEV.io

Exports in value, $ US

Colombia's coniferous wood fuel exports in 2020 amounted to 7 219 US dollars, representing a 347.6% increase from the previous year.

Annual dynamics of product's exports from Colombia in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	347.6%	-

Source: SHEV.io

During the 2017-2020 period, Aruba and the Dominican Republic dominated Colombia's coniferous wood fuel exports in value terms, together accounting for 86.2% of total flows, while other destinations contributed smaller individual shares.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Colombia in value, 2017-2020

Source: SHEV.io

Imports coniferous wood fuel to Colombia

Imports in kind, m³

The market displayed significant volatility during these years. Import volumes reached their lowest point in 2019 at 22.1 m³, then surged to a peak in 2020 at 106.9 m³, representing a 4.8-fold increase. The 2020 volume marked a substantial rise of 384.4% from the previous year. The largest decline occurred in 2019 with a 50.0% drop.

Annual dynamics of product's imports to Colombia in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(21.0%)	(50.0%)	384.4%	24.2%

Source: SHEV.io

From 2017 to 2020, Colombia's coniferous wood fuel imports in volume terms were primarily sourced from the United States and Ecuador, which together accounted for 99.6% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Colombia in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

The market exhibited volatility throughout the observed period. Import values reached their lowest point in 2017, then peaked in 2020 at 47 681 US dollars, representing a 2.3-fold increase from the bottom. The 2020 value showed a 93.2% increase from 2019, while the largest decline was recorded in 2019 with a 17.0% drop.

Annual dynamics of product's imports to Colombia in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	45.7%	(17.0%)	93.2%	32.7%

Source: SHEV.io

During the 2017-2020 period, Ecuador and the United States formed the dominant pair of markets for Colombia's coniferous wood fuel imports in value terms, jointly accounting for 99.5% of total flows, with other countries representing the remaining share.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Colombia in value, 2017-2020

Source: SHEV.io