Earlier Report Observations
From 2018 to 2023, the market volume for coniferous wood fuel in Honduras consistently declined, falling from 2.7 million m³ to 2.6 million m³. This reduction was primarily driven by ongoing pressure on coniferous forests due to logging for agriculture, use as fuel by local communities, and a high rate of illegal harvesting, which undermined the sustainability of forest resources.
Biotic factors such as bark beetle outbreaks in 2021 and forest fires further diminished available stocks, directly reducing production. At the same time, increased transportation costs due to rising fuel prices in 2020 and subsequent energy price adjustments raised operational expenses, adding to the constraints on market volume.
Despite these challenges, the forestry sector maintained economic significance through steady exports of coniferous sawnwood. Regulatory initiatives like the EU-Honduras Forest Alliance and the promotion of FSC certification aimed to improve forest governance and market access, operating within an environment of gradual market contraction.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Honduras
- 5.1.1. Annual dynamics of production in Honduras in kind, 2018-2023, K m³
- 5.1.2. Annual dynamics of production in Honduras in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Honduras
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, m³
- 6.1.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, m³
- 6.1.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, m³
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, K $ US/m³
- 6.1.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, K $ US/m³
- 6.1.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, K $ US/m³
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, m³
- 6.2.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, m³
- 6.2.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, m³
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, K $ US/m³
- 6.2.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, K $ US/m³
- 6.2.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, K $ US/m³
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, m³
- 7.1.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, m³
- 7.1.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, m³
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, K $ US/m³
- 7.1.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, K $ US/m³
- 7.1.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, K $ US/m³
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, m³
- 7.2.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, m³
- 7.2.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, m³
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, K $ US/m³
- 7.2.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, K $ US/m³
- 7.2.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, K $ US/m³
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, m³
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, m³
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production coniferous wood fuel in Honduras
In kind, 2017-2020, K m³
From 2017 to 2020, Honduras ranked as the 18th largest producer of coniferous wood fuel globally.
Top producers of coniferous wood fuel, 2017-2020
World map of production of coniferous wood fuel, 2017-2020
Honduras experienced a decline in coniferous wood fuel production for the third year in a row. In 2020, the country produced 2 684 thousand cubic meters, which represents a slight decrease of 0.6% compared to the previous year.
Annual dynamics of production in Honduras in kind, 2017-2020, K m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.6%) | (0.6%) | (0.6%) | (0.6%) |
Exports coniferous wood fuel from Honduras
Exports in kind, m³
The market displayed significant volatility during this period. In 2019, exports hit their lowest point at just 33 cubic meters, with the largest decline recorded at 98.5%. By 2020, exports surged dramatically to 5 555 cubic meters, marking an extraordinary year-over-year increase of 16,690.7%. The difference between the peak in 2020 and the trough in 2019 was a staggering 168-fold.
Annual dynamics of product's exports from Honduras in kind, 2017-2020, m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 259.6% | (98.5%) | 16 690.7% | 108.0% |
Between 2017 and 2020, Honduras's exports of coniferous wood fuel were highly concentrated, with the United States accounting for 94.6% of the total volume.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Honduras in kind, 2017-2020
Exports in value, K $ US
Export values showed an unstable trend over this timeframe. In 2019, the lowest value was recorded at 17 thousand US dollars, with the largest decline at 98.0%. By 2020, exports jumped to 2 430 thousand US dollars, reflecting a massive year-over-year increase of 13,820.0%. The gap between the 2020 peak and the 2019 low was 139-fold.
Annual dynamics of product's exports from Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 153.9% | (98.0%) | 13 820.0% | 91.0% |
From 2017 to 2020, the value of coniferous wood fuel exports from Honduras was almost entirely focused on the United States, which held a 94.8% share.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Honduras in value, 2017-2020
Imports coniferous wood fuel to Honduras
Imports in kind, m³
Import volumes exhibited irregular changes, pointing to a volatile market. In 2018, imports peaked at 7 cubic meters, with the largest increase recorded at 3,222.7%. By 2020, imports dropped sharply to 0.0 cubic meters, representing a drastic decrease of 99.9% compared to the previous year. The difference between the 2018 peak and the 2020 trough was 975-fold.
Annual dynamics of product's imports to Honduras in kind, 2017-2020, m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3 222.7% | (15.6%) | (99.9%) | (67.6%) |
Throughout 2017 to 2020, imports of coniferous wood fuel into Honduras were dominated by China and the United States, which together accounted for 100.0% of the total volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Honduras in kind, 2017-2020
Imports in value, K $ US
The import market demonstrated volatility during the observed period. In 2017, values reached their peak, while 2020 saw the lowest point, with a 103-fold swing between them. In 2019, the largest increase was recorded at 3.4%. By 2020, imports totaled a certain value in thousand US dollars, indicating a decline of 98.6% compared to 2019.
Annual dynamics of product's imports to Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (32.4%) | 3.4% | (98.6%) | (78.7%) |
Over the period from 2017 to 2020, the United States and China formed a duopoly in the value of coniferous wood fuel imports into Honduras, together making up 100.0% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Honduras in value, 2017-2020
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