Market research

Fuel wood in chips and particles market in Panama

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2023, Panama's market for fuel wood in chips and particles showed consistent domestic production of 2 600 t annually. The total market volume, derived from production and imports, moved within a narrow range of 2 647 t to 2 679 t. Changes were entirely due to import fluctuations, which peaked at 79 t in 2020 before easing in the following years.

In 2024, imports reached 89 t, marking the highest level in the period. This rise occurred alongside policy measures such as PROPANAMA's strategies to attract investment and promote exports of value-added wood products. The PYMEXPORT 2024 program also trained companies on tackling trade barriers, while Panama's dependence on imported machinery from China and the U.S. could influence processing costs and supply conditions.

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 Panama
  1. 5.1.1. Annual dynamics of production in Panama in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Panama 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, t
  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, t
  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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Panama in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Panama by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Panama in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Panama by countries, 2018-2024, K $ 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Panama, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Panama by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Panama in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Panama by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Panama in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Panama by countries, 2018-2024, K $ 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Panama, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Panama by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production fuel wood in chips and particles in Panama

In kind, 2017-2020, t

Top producers of fuel wood in chips and particles, 2017-2020

Source: SHEV.io

World map of production of fuel wood in chips and particles, 2017-2020

Source: SHEV.io

In 2020, Panama produced 2,600 tonnes of fuel wood in chips and particles, with production remaining broadly stable compared to the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.

Annual dynamics of production in Panama in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports fuel wood in chips and particles from Panama

The sector overview shows that Panama did not export any fuel wood in chips and particles from 2017 to 2020.

Imports fuel wood in chips and particles to Panama

Imports in kind, kg

Panama's imports of fuel wood in chips and particles increased for the second consecutive year. In 2020, import volume reached 79,384 kg, a 54.2% rise compared to 2019. Between 2017 and 2020, imports grew by 46.3%, equivalent to an annualized rate of 13.5%. The lowest import volume was recorded in 2018 at 46,865 kg, with the largest decline occurring in 2018 at 13.6%.

Annual dynamics of product's imports to Panama in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.6%)	9.9%	54.2%	13.5%

Source: SHEV.io

From 2017 to 2020, the United States accounted for nearly all of Panama's imports of fuel wood in chips and particles in kind, with a share of 95.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, Panama's imports of fuel wood in chips and particles in value terms amounted to 130.7 thousand US dollars, showing a sharp increase of 28.9% compared to 2019. Between 2017 and 2020, imports rose by 44.1%, equating to an annualized rate of 13.0%. The largest decline was recorded in 2019 at 0.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	12.0%	(0.1%)	28.9%	13.0%

Source: SHEV.io

Throughout 2017–2020, the United States dominated the geographical structure of Panama's imports of fuel wood in chips and particles in value terms, accounting for 95.7% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io