Earlier Report Observations
The market for non coniferous sawnwood in Barbados exhibited considerable volatility from 2018 to 2023. Starting at 3 971 m³, the market volume contracted to 3 387 m³ in 2019, a decline primarily attributable to a fall in import volumes. Domestic production held steady at 2 000 m³ during these two years.
A structural shift occurred from 2020, as local production settled at a lower level of 1 667 m³ for the remainder of the period. The market's subsequent expansion was driven entirely by imports, which surged to over 3 000 m³ in 2022, pushing the total market volume to a peak of 4 660 m³. This growth moderated in 2023, with imports dipping and the market size adjusting to 4 442 m³.
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 Barbados
- 5.1.1. Annual dynamics of production in Barbados in kind, 2018-2023, m³
- 5.1.2. Annual dynamics of production in Barbados 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, 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, 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 Barbados
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, m³
- 6.1.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, m³
- 6.1.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, m³
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/m³
- 6.1.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/m³
- 6.1.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/m³
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, m³
- 6.2.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, m³
- 6.2.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, m³
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/m³
- 6.2.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/m³
- 6.2.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/m³
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, m³
- 7.1.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, m³
- 7.1.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, m³
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/m³
- 7.1.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/m³
- 7.1.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/m³
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, m³
- 7.2.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, m³
- 7.2.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, m³
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/m³
- 7.2.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/m³
- 7.2.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/m³
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7.1. Imports (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 sawnwood in Barbados
In kind, 2017-2020, m³
Top producers of non coniferous sawnwood, 2017-2020
World map of production of non coniferous sawnwood, 2017-2020
In 2020, Barbados produced 1 667 m³ of non-coniferous sawnwood, representing a significant 16.7% decline compared to the previous year. Over the 2017-2020 period, production decreased by 16.7%, with a compound annual growth rate of -5.9%. The largest increase occurred in 2018, though it remained at 0.0%.
Annual dynamics of production in Barbados in kind, 2017-2020, m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | (16.7%) | (5.9%) |
Exports non coniferous sawnwood from Barbados
Exports in kind, m³
The market exhibited volatility during the observed period. Import levels fluctuated significantly, with a 5.9-fold difference between the low in 2017 and the high in 2019. In 2020, Barbados exported 74 m³ of non-coniferous sawnwood, a sharp 64.4% decrease from the previous year.
Annual dynamics of product's exports from Barbados in kind, 2017-2020, m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (64.4%) | 28.3% |
From 2017 to 2020, Saint Vincent and the Grenadines was the primary export destination in kind, accounting for 79.5% of total flows, while other markets formed a long tail of smaller partners.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Barbados in kind, 2017-2020
Exports in value, K $ US
The data reveals irregular changes, indicating a volatile market environment. Exports peaked in 2019 and bottomed in 2020, with an 8-fold difference between these years. In 2020, Barbados exported non-coniferous sawnwood valued at 15 K $ US, an 87.5% decline from 2019.
Annual dynamics of product's exports from Barbados in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (87.5%) | (43.9%) |
Throughout 2017-2020, Saint Vincent and the Grenadines and the United Kingdom remained the key partner countries for exports in value terms, together accounting for 95.1% of total flows, with other partners making up the remainder.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Barbados in value, 2017-2020
Imports non coniferous sawnwood to Barbados
Imports in kind, m³
After a two-year decline, Barbados's imports of non-coniferous sawnwood increased. In 2020, imports reached 1 953 m³, a strong 24.0% rise compared to 2019. Between 2017 and 2020, imports decreased by 19.4%, equating to an annualized rate of -6.9%. The minimum value was recorded in 2019 at 1 575 m³, with the largest decline of 20.1% also occurring that year.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, m³
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.6%) | (20.1%) | 24.0% | (6.9%) |
From 2017 to 2020, Guyana and the United States played the leading roles in imports in kind, together accounting for 83.3% of total flows, while the remaining share was distributed among other countries.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Barbados in kind, 2017-2020
Imports in value, K $ US
After a two-year fall, Barbados's non-coniferous sawnwood import volume increased. In 2020, Barbados imported non-coniferous sawnwood valued at 2 039 K $ US, marking a dramatic 31.0% improvement from the previous year. Between 2017 and 2020, imports decreased by 8.7%, equating to an annualized rate of -3.0%. The minimum value was recorded in 2019 at 1 556 K $ US, with the largest decline of 21.5% occurring in 2018.
Annual dynamics of product's imports to Barbados in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (21.5%) | (11.3%) | 31.0% | (3.0%) |
From 2017 to 2020, two markets—Guyana and the United States—played the leading roles in imports in value terms, together accounting for 83.6% of total flows, while the rest was distributed among other destinations.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Barbados in value, 2017-2020
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