Earlier Report Observations
The non-coniferous sawnwood market in Belize expanded over the period from 2018 to 2023, with domestic volume rising from 8 530 m³ to 9 659 m³. This represents an overall increase of approximately 13%, indicating steady demand for this wood product.
Growth was not uniform, however. The market saw a significant jump in 2020 to 9 367 m³, followed by a slight contraction the next year. Volume peaked in 2022 at 9 754 m³ before edging lower again in 2023.
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, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 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 Belize
- 5.1.1. Annual dynamics of production in Belize in kind, 2018-2023, m³
- 5.1.2. Annual dynamics of production in Belize 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 Belize
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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 Belize in kind, 2018-2025, m³
- 6.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, m³
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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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 Belize, 2018-2025, $ US/m³
- 6.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ 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 Belize in kind, 2018-2025, m³
- 6.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, m³
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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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 Belize, 2018-2025, $ US/m³
- 6.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ 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 Belize in kind, 2018-2025, m³
- 7.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, m³
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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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 Belize, 2018-2025, $ US/m³
- 7.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ 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 Belize in kind, 2018-2025, m³
- 7.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, m³
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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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 Belize, 2018-2025, $ US/m³
- 7.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ 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, 2018-2025
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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 Belize
In kind, 2018-2021, m³
Top producers of non coniferous sawnwood, 2018-2021
World map of production of non coniferous sawnwood, 2018-2021
In 2021, Belize produced 10 000 m³ of non-coniferous sawnwood, showing no significant change from 2020. The largest decline occurred in 2019, at 0.0%, while the largest increase was also recorded in 2019, at 0.0%.
Annual dynamics of production in Belize in kind, 2018-2021, m³
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | - | - |
In value, 2018-2021, K $ US
Belize's non-coniferous sawnwood production value increased for the third consecutive year. In 2021, output was valued at 19 518 K $ US, reflecting a 12.8% year-over-year rise. From 2018 to 2021, production grew by 45.7%, with a compound annual growth rate (CAGR) of 13.4%.
Annual dynamics of production in Belize in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.1% | 25.3% | 12.8% | 13.4% |
Exports non coniferous sawnwood from Belize
Exports in kind, m³
After a two-year decline, Belize's non-coniferous sawnwood export volumes increased. In 2021, exports reached 910 m³, up 34.6% from the previous year. Over the 2018-2021 period, exports decreased by 40.6%, with a CAGR of -16.0%. The lowest value was recorded in 2020 at 676 m³, marking the largest decline of 47.4%.
Annual dynamics of product's exports from Belize in kind, 2018-2021, m³
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.2%) | (47.4%) | 34.6% | (16.0%) |
From 2018 to 2021, the export structure in kind was dominated by the United States, which accounted for 73.0% of total flows, with numerous minor partners making up the remainder.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Belize in kind, 2018-2021
Exports in value, K $ US
Following a two-year decrease, Belize's non-coniferous sawnwood exports increased. In 2021, exports totaled 1 776 K $ US, a 51.8% rise compared to 2020. Over the 2018-2021 period, exports fell by 13.5%, with a CAGR of -4.7%. The minimum value was 1 170 K $ US in 2020, which saw the largest decline of 34.0%.
Annual dynamics of product's exports from Belize in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.6%) | (34.0%) | 51.8% | (4.7%) |
From 2018 to 2021, the United States remained the primary market for Belize's non-coniferous sawnwood exports, taking 81.1% of total value, while other countries accounted for the rest.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Belize in value, 2018-2021
Imports non coniferous sawnwood to Belize
Imports in kind, m³
The market showed volatility during the observed period. In 2021, non-coniferous sawnwood deliveries to Belize stood at 184 m³, a 327.9% increase from the previous year. The minimum value was recorded in 2020 at 43 m³, which saw the largest decline of 54.7%. From 2020 to 2021, the peak-to-trough amplitude was 4.3 times.
Annual dynamics of product's imports to Belize in kind, 2018-2021, m³
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 50.1% | (54.7%) | 327.9% | 42.7% |
Over 2018-2021, the United States and the United Kingdom clearly dominated the import structure in kind, with other countries forming the remaining share.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Belize in kind, 2018-2021
Imports in value, K $ US
The market exhibited an unstable trend throughout the timeframe. In 2021, non-coniferous sawnwood deliveries to Belize amounted to 280 K $ US, indicating a sharp increase of 472.7% year-over-year. The minimum value was 49 K $ US in 2020, which recorded the largest decline of 55.8%. Volumes peaked in 2021 and dropped to a minimum in 2020, a 5.7-fold shift.
Annual dynamics of product's imports to Belize in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 35.1% | (55.8%) | 472.7% | 50.6% |
From 2018 to 2021, the leading sources for non-coniferous sawnwood imports to Belize in value terms were the United States (38.9% of imports), the United Kingdom (38.8%), and Germany (22.3%), which together accounted for 100.0% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Belize in value, 2018-2021
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