Market research

Non coniferous roundwood market in Bhutan

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

Bhutan's non-coniferous roundwood market volume expanded consistently between 2018 and 2023, rising from 5 329 thousand cubic meters to 5 485 thousand cubic meters. This represented a gradual overall increase of approximately 3%, driven by steady growth in domestic production, which constitutes nearly the entire market supply. The most pronounced annual growth occurred in 2020, while the market stabilized with minimal change in 2023.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bhutan
  1. 5.1.1. Annual dynamics of production in Bhutan in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Bhutan 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 Bhutan in kind, 2018-2025, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Bhutan, 2018-2025, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ 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 Bhutan in kind, 2018-2025, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2025, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Bhutan, 2018-2025, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2025, $ 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 Bhutan in kind, 2018-2025, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  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 Bhutan, 2018-2025, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ 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 Bhutan in kind, 2018-2025, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Bhutan by countries, 2018-2025, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bhutan in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bhutan by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  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 Bhutan, 2018-2025, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Bhutan by countries, 2018-2025, $ 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, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
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 non coniferous roundwood in Bhutan

In kind, 2018-2021, K m³

Top producers of non coniferous roundwood, 2018-2021

Source: SHEV.io

World map of production of non coniferous roundwood, 2018-2021

Source: SHEV.io

Bhutan's production of non-coniferous roundwood increased for the third consecutive year. In 2021, the country produced 5 450 thousand cubic meters, marking a slight rise of 0.7% compared to 2020. Over the period from 2018 to 2021, production grew by 2.3%, with an average annual growth rate of 0.8%.

Annual dynamics of production in Bhutan in kind, 2018-2021, K m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.8%	0.8%	0.7%	0.8%

Source: SHEV.io

Exports non coniferous roundwood from Bhutan

Exports in kind, m³

Annual dynamics of product's exports from Bhutan in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2018 to 2021, Bhutan's exports of non-coniferous roundwood in kind were almost entirely concentrated in India, which accounted for 100.0% of the total.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bhutan in kind, 2018-2021

Source: SHEV.io

Exports in value, $ US

Annual dynamics of product's exports from Bhutan in value, 2018-2021, $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2018 and 2021, non-coniferous roundwood from Bhutan was supplied almost exclusively to India, absorbing 100.0% of total exports in value terms.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bhutan in value, 2018-2021

Source: SHEV.io

Imports non coniferous roundwood to Bhutan

Imports in kind, m³

In 2021, Bhutan's imports of non-coniferous roundwood in kind reached 4 cubic meters, representing a decline of 0.6% from 2020. Over the period from 2018 to 2021, imports decreased by 99.4%, with an average annual decline of 81.8%.

Annual dynamics of product's imports to Bhutan in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.6%)	n/a	n/a	(81.8%)

Source: SHEV.io

Throughout 2018 to 2021, India dominated Bhutan's import structure in kind, holding a 100.0% share of total flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bhutan in kind, 2018-2021

Source: SHEV.io

Imports in value, $ US

In 2021, Bhutan's imported volumes of non-coniferous roundwood in value terms amounted to 1 094 US dollars, indicating a loss of 39.0% compared to the previous year. From 2018 to 2021, imports decreased by 87.9%, with an average annual decline of 50.6%.

Annual dynamics of product's imports to Bhutan in value, 2018-2021, $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(39.0%)	n/a	n/a	(50.6%)

Source: SHEV.io

Over the period from 2018 to 2021, India was by far the main destination for Bhutan's imports of non-coniferous roundwood in value terms, accounting for 100.0% of total flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bhutan in value, 2018-2021

Source: SHEV.io