Market research

Non coniferous roundwood market in Guyana

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

Guyana's non coniferous roundwood market volume remained stable between 2018 and 2021, with annual figures hovering around 1 140 thousand m³. A turning point came in 2022 when the market expanded to 1 156 thousand m³ and further to 1 179 thousand m³ in 2023. This growth was primarily fueled by rising domestic demand for timber, linked to a construction boom across the country.

Key policy measures supported this expansion. The implementation of the EU-Guyana Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (FLEGT) enhanced forest governance and secured access for legally verified timber. Simultaneously, the government launched the Forestry Revolving Fund in 2022, offering low-interest loans that enabled logging operators to increase production capacity.

The sector also benefited from Guyana's updated Low Carbon Development Strategy, which promoted sustainable forest management, and from mandatory export grading and certification rules that strengthened market confidence. Together, these initiatives drove consistent annual production growth of 4‑5% in 2022‑2023.

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 Guyana
  1. 5.1.1. Annual dynamics of production in Guyana in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Guyana 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 Guyana in kind, 2018-2025, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Guyana 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 Guyana in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guyana 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 Guyana, 2018-2025, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Guyana 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 Guyana in kind, 2018-2025, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Guyana 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 Guyana in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guyana 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 Guyana, 2018-2025, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Guyana 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 Guyana in kind, 2018-2025, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Guyana 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 Guyana in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Guyana 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 Guyana, 2018-2025, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Guyana 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 Guyana in kind, 2018-2025, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Guyana 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 Guyana in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Guyana 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 Guyana, 2018-2025, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Guyana 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 Guyana

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

Guyana's non-coniferous roundwood production declined for the third consecutive year. In 2021, the country produced 1,120 thousand cubic meters of non-coniferous roundwood, marking a 1.3% decrease from the previous year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.3%)	(0.3%)	(1.3%)	(0.6%)

Source: SHEV.io

Exports non coniferous roundwood from Guyana

Exports in kind, m³

The market showed noticeable fluctuations during this period. Non-coniferous roundwood exports from Guyana reached their lowest point in 2021 at 3,587 cubic meters, which was 32.7% lower than the previous year. The peak occurred in 2020 with 5,327 cubic meters, representing a 34.4% increase from 2019. The difference between the 2020 peak and 2021 low was 1.5 times.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	34.4%	(32.7%)	-

Source: SHEV.io

From 2018 to 2021, China, the Bahamas, and Vietnam were the main destinations for Guyana's non-coniferous roundwood exports, together accounting for 82.4% of total exports in volume. China led with 66.0%, followed by the Bahamas at 11.0%, and Vietnam at 5.4%.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Market behavior was volatile during these years. Guyana's non-coniferous roundwood exports in value terms hit their lowest point in 2019 and peaked in 2020 at 1,863 thousand US dollars, a 2.6-fold difference between these years. In 2021, exports amounted to 1,543 thousand US dollars, down 17.2% from 2020. The largest increase was recorded in 2020 at 158.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	158.4%	(17.2%)	-

Source: SHEV.io

Between 2018 and 2021, China remained the top buyer of non-coniferous roundwood from Guyana in value terms, accounting for 72.7% of total exports, while the remaining share was distributed among various other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports non coniferous roundwood to Guyana

Imports in kind, m³

In 2021, Guyana's non-coniferous roundwood imports totaled 2 cubic meters, showing little change from 2020. From 2019 to 2021, imports decreased by 97.7%, equivalent to an annualized decline of 71.7%.

Annual dynamics of product's imports to Guyana 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, the import market was highly concentrated, with Trinidad and Tobago alone responsible for 97.8% of total imports in volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2021, Guyana's non-coniferous roundwood import value stood at 0.3 thousand US dollars, with minimal change compared to 2020. Between 2019 and 2021, imports decreased by 98.3%, translating to an annualized rate of decline of 74.2%.

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

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

Source: SHEV.io

Throughout 2018–2021, Trinidad and Tobago dominated Guyana's non-coniferous roundwood imports in value terms, consistently making up 97.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io