Market research

Non coniferous roundwood market in Nicaragua

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 Nicaragua displayed notable stability from 2018 to 2023, with volume consistently near 5 500 thousand m³. After reaching 5 580 thousand m³ in 2019, a modest decline of 1.4% occurred in 2020, but the market quickly leveled off and remained within a narrow band for the following years.

Yearly changes were minimal, typically below 0.5% after 2020. By 2023, the market volume stood at 5 510 thousand m³, reflecting virtually no net change over the six-year period and underscoring a balanced supply-demand situation.

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 Nicaragua
  1. 5.1.1. Annual dynamics of production in Nicaragua in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Nicaragua 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, m³
    1. 6.1.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, m³
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/m³
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, m³
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, $ US/m³
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ US/m³
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's imports to Nicaragua in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's imports in kind to Nicaragua by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, $ 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, 2018-2024
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 Nicaragua

In kind, 2017-2020, K 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

In 2019, Nicaragua produced 5,584 thousand cubic meters of non-coniferous roundwood, marking the highest production level recorded. The following year, in 2020, production declined slightly to 5,509 thousand cubic meters, representing a 1.3% decrease from 2019. The largest annual increase occurred in 2019, when production grew by 0.5%.

Annual dynamics of production in Nicaragua in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.1%)	0.5%	(1.3%)	(0.3%)

Source: SHEV.io

Exports non coniferous roundwood from Nicaragua

Exports in kind, m³

In 2018, Nicaragua's non-coniferous roundwood exports reached their peak at 6,675 cubic meters. The following year, exports dropped significantly to 3,799 cubic meters, marking the lowest point and representing a 43.1% decline from 2018. By 2020, exports recovered to 5,019 cubic meters, showing a 32.1% increase compared to 2019. Over the entire 2017-2020 period, exports decreased by 22%, with an average annual decline rate of 8.0%.

Annual dynamics of product's exports from Nicaragua in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.7%	(43.1%)	32.1%	(8.0%)

Source: SHEV.io

From 2017 to 2020, Costa Rica and India were the primary destinations for Nicaragua's non-coniferous roundwood exports, together accounting for 92.3% of total export volumes. The remaining exports were distributed among various other countries.

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

Source: SHEV.io

World map of product's exports from Nicaragua in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Nicaragua's non-coniferous roundwood exports in value terms have grown for three consecutive years. In 2020, exports reached $1.466 million, representing a 2.7% increase from the previous year. Over the 2017-2020 period, export value surged by 212%, with an average annual growth rate of 46.1%.

Annual dynamics of product's exports from Nicaragua in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.4%	152.4%	2.7%	46.1%

Source: SHEV.io

Between 2017 and 2020, India accounted for 63.9% of Nicaragua's non-coniferous roundwood export value, while Costa Rica contributed 25.0%. Together, these two countries represented 88.9% of total export value, with other partners making up the remainder.

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

Source: SHEV.io

World map of product's exports from Nicaragua in value, 2017-2020

Source: SHEV.io

Imports non coniferous roundwood to Nicaragua

Imports in kind, m³

Nicaragua's non-coniferous roundwood imports showed significant volatility during the observed period. In 2018, imports hit their lowest point at 0 cubic meters, representing a 100% decline from the previous year. By 2020, imports surged to 116 cubic meters, marking an extraordinary 11,500% increase compared to 2019. The difference between the 2020 peak and the 2018 low was substantial, with imports in 2020 being many times higher than in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	11 500.0%	55.3%

Source: SHEV.io

From 2017 to 2020, Honduras (36.5% of import volume), Gabon (35.1%), and Costa Rica (20.9%) were the main sources of non-coniferous roundwood imports to Nicaragua. Together, these three countries supplied 92.6% of Nicaragua's total import volume during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Nicaragua's non-coniferous roundwood import values exhibited considerable volatility. In 2018, import value reached its minimum at $0, representing a 99.9% decline from the previous year. By 2020, import value jumped dramatically to $40,000, showing an extraordinary 22,415.6% increase compared to 2019. The difference between the 2020 peak and the 2018 low was extreme, with 2020 values being thousands of times higher than 2018 levels.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.9%)	1 015.9%	22 415.6%	50.5%

Source: SHEV.io

Between 2017 and 2020, Gabon (44.8% of import value), Honduras (27.4%), and Costa Rica (22.1%) were the primary sources of non-coniferous roundwood imports to Nicaragua in value terms. Together, these three countries accounted for 94.3% of Nicaragua's total import value during this period.

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

Source: SHEV.io

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

Source: SHEV.io