Market research

Non coniferous roundwood market in Micronesia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for non-coniferous roundwood in Micronesia experienced a 5% growth in volume from 2 704 m³ in 2018 to 2 842 m³ in 2023. This overall expansion was characterized by a notable peak of 3 002 m³ in 2020, followed by a two-year contraction before a partial recovery.

Steady growth in domestic production, which increased from 2 678 m³ to 2 794 m³ across the period, formed a consistent foundation. However, high volatility in import volumes—particularly a surge to 276 m³ in 2020 and a sharp drop thereafter—was the key driver behind the market's rapid rise and subsequent decline in total size.

By 2023, the market volume had rebounded to 2 842 m³, still below the 2020 high. With no exports recorded throughout these years, market dynamics were solely determined by the balance between local production and import flows.

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 Micronesia
  1. 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Micronesia 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, 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, 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 Micronesia in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, m³
    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 Micronesia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Micronesia 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/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ 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 Micronesia in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, m³
    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 Micronesia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Micronesia 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/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/m³
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, m³
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, m³
  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 non coniferous roundwood in Micronesia

In kind, 2017-2020, m³

Top producers of non coniferous roundwood, 2017-2020

Source: SHEV.io

World map of production of non coniferous roundwood, 2017-2020

Source: SHEV.io

Non-coniferous roundwood production in Micronesia has increased for the third consecutive year. In 2020, the country produced 2 726 m³ of non-coniferous roundwood, marking a 0.9% increase from the previous year. Over the period from 2017 to 2020, production grew by 2.7%, with a compound annual growth rate of 0.9%.

Annual dynamics of production in Micronesia in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.9%	0.9%	0.9%	0.9%

Source: SHEV.io

Exports non coniferous roundwood from Micronesia

According to industry reports, Micronesia did not export any non-coniferous roundwood from 2017 to 2020.

Imports non coniferous roundwood to Micronesia

Imports in kind, m³

Non-coniferous roundwood imports into Micronesia have risen for the second year in a row. In 2019, imports were at a low point, but by 2020, they surged to approximately 276.0 m³, representing a sharp increase of 170.6% compared to 2019. Between 2018 and 2020, imports grew by 961.5%, which translates to an annualized rate of 119.8%.

Annual dynamics of product's imports to Micronesia in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	292.3%	170.6%	-

Source: SHEV.io

From 2017 to 2020, non-coniferous roundwood imports to Micronesia were almost entirely sourced from the United States, which accounted for 100.0% of total imports by volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Non-coniferous roundwood import values in Micronesia have also increased for the second consecutive year. In 2020, the import value reached 158.3 thousand US dollars, showing a significant uptick of 240.4% compared to the previous year. Between 2018 and 2020, import values rose by 702.7%, with an annualized rate of 100.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	135.8%	240.4%	-

Source: SHEV.io

During the 2017–2020 period, the United States was the dominant supplier of non-coniferous roundwood to Micronesia, capturing 100.0% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io