Earlier Report Observations
The market volume for non-coniferous roundwood in Honduras declined steadily from 5 532 thousand m³ in 2018 to 5 376 thousand m³ in 2023. This downward trend was influenced by supply constraints, notably forest fires reported by the Forest Conservation Institute (ICF) in 2021, which reduced timber availability. Additionally, the implementation of the Voluntary Partnership Agreement with the European Union in 2022 introduced stricter forest governance and legal trade requirements, further curbing production to promote conservation.
The consistent year-on-year reduction in market size reflects ongoing adjustments to environmental and regulatory pressures. The cumulative effect of conservation efforts and trade policy shifts contributed to the overall contraction in roundwood supply during this period.
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. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, m³
- 6.1.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, m³
- 6.1.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, m³
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/m³
- 6.1.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, $ US/m³
- 6.1.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, $ US/m³
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, m³
- 6.2.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, m³
- 6.2.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, m³
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/m³
- 6.2.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, $ US/m³
- 6.2.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, $ US/m³
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, m³
- 7.1.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, m³
- 7.1.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, m³
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/m³
- 7.1.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, $ US/m³
- 7.1.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, $ US/m³
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, m³
- 7.2.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, m³
- 7.2.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, m³
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/m³
- 7.2.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, $ US/m³
- 7.2.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, $ US/m³
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7.1. Exports (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 non coniferous roundwood in Honduras
In kind, 2017-2020, K m³
Top producers of non coniferous roundwood, 2017-2020
World map of production of non coniferous roundwood, 2017-2020
Honduras saw a decline in non-coniferous roundwood production for the third year in a row. In 2020, the country produced 5 458 K m³, marking a 0.6% decrease from 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 | (0.5%) | (0.8%) | (0.6%) | (0.6%) |
Exports non coniferous roundwood from Honduras
Exports in kind, m³
Non-coniferous roundwood exports from Honduras fell for the third consecutive year. In 2020, exports totaled 82 m³, down 9.9% compared to 2019. From 2017 to 2020, exports dropped by 98.4%, with a compound annual growth rate (CAGR) of -75.0%.
Annual dynamics of product's exports from Honduras in kind, 2017-2020, m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (83.8%) | (89.3%) | (9.9%) | (75.0%) |
From 2017 to 2020, India was the nearly exclusive buyer of non-coniferous roundwood from Honduras, accounting for 97.1% of total exports in 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
Honduras experienced a third straight year of decline in non-coniferous roundwood export value. In 2020, exports amounted to 34.5 K $ US, a significant 14.5% year-over-year drop. Over the 2017-2020 period, export value decreased by 95.6%, with a CAGR of -64.6%.
Annual dynamics of product's exports from Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (87.2%) | (59.4%) | (14.5%) | (64.6%) |
During 2017–2020, India remained the overwhelmingly dominant buyer of non-coniferous roundwood from Honduras, making up 91.6% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Honduras in value, 2017-2020
Imports non coniferous roundwood to Honduras
Imports in kind, m³
In 2020, Honduras imported 12 m³ of non-coniferous roundwood, a sharp 36.9% increase from the previous year. Between 2017 and 2020, imports rose by 200%, equating to an annualized growth rate of 44.2%.
Annual dynamics of product's imports to Honduras in kind, 2017-2020, m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 36.9% | n/a | n/a | 44.2% |
From 2017 to 2020, Costa Rica and Indonesia were the key sources for Honduras' non-coniferous roundwood imports in volume, together representing 81.0% of total flows, while other countries had smaller shares.
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
In 2020, Honduras' non-coniferous roundwood import value reached 5.1 K $ US, a dramatic 416.0% surge compared to 2019. Over the 2017-2020 period, import value grew by 859.9%, with a CAGR of 112.5%.
Annual dynamics of product's imports to Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 416.0% | n/a | n/a | 112.5% |
In 2017–2020, Costa Rica and Indonesia played leading roles in Honduras' non-coniferous roundwood import value, jointly accounting for 91.2% of total flows, with the remainder distributed among other destinations.
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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