Market research

Non coniferous wood fuel market in Nicaragua

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2023, the market volume for non-coniferous wood fuel in Nicaragua remained highly stable, showing only marginal growth. Production and market size started at 5 489 thousand m³ in 2018 and held steady through 2020. A slight upward movement began in 2021, reaching 5 493 thousand m³, then 5 498 thousand m³ in 2022, and 5 504 thousand m³ in 2023. The overall increase over the six-year period was less than 0.3%, reflecting a market with very low annual fluctuations.

In 2024, forestry and timber extraction activity reported a 1.6% growth, driven by expanded forest plantation areas and increased extraction of wood and fuelwood. The Central Bank of Nicaragua introduced the National Production, Consumption and Trade Plan 2024-2025, which includes policies to boost national production, including the forestry sector. However, the sector was affected by the El Niño weather phenomenon during the 2023-2024 cycle, which impacted rainfall patterns.

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. 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 Nicaragua in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Nicaragua 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, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, $ 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, K $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, K $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, K $ 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 Nicaragua in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Nicaragua 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, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Nicaragua in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Nicaragua by countries, 2018-2024, $ 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, K $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Nicaragua, 2018-2024, K $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Nicaragua by countries, 2018-2024, K $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, K $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, K $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, K $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's exports from Nicaragua in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Nicaragua by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Nicaragua in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Nicaragua by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, K $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Nicaragua, 2018-2024, K $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Nicaragua by countries, 2018-2024, K $ 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, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, $ 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 wood fuel in Nicaragua

In kind, 2017-2020, K m³

Top producers of non coniferous wood fuel, 2017-2020

Source: SHEV.io

World map of production of non coniferous wood fuel, 2017-2020

Source: SHEV.io

In 2019, Nicaragua produced 5 489 thousand cubic meters of non-coniferous wood fuel, which was the lowest level recorded during the period. Production remained relatively stable in 2020, with no significant change compared to the previous year. The largest decline and increase both occurred in 2018, each at 0.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.0%)	(0.0%)	0.0%	(0.0%)

Source: SHEV.io

Exports non coniferous wood fuel from Nicaragua

Exports in kind, m³

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

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

Source: SHEV.io

From 2017 to 2020, Honduras consistently dominated Nicaragua's export structure for non-coniferous wood fuel in kind, accounting for 100.0% of total flows throughout this period.

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, $ US

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

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

Source: SHEV.io

Between 2017 and 2020, the market structure for exports in value terms was highly concentrated, with Honduras responsible for 100.0% of total exports.

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 wood fuel to Nicaragua

Imports in kind, m³

The market for non-coniferous wood fuel imports in kind showed noticeable fluctuations during the period. In 2018, imports reached their peak at 0.26 cubic meters, followed by a sharp decline of 96.8% in 2019. By 2020, imports had fallen to 0.0 cubic meters, representing a contraction of 45.3% compared to 2019. The largest increase occurred in 2018 at 1 560.2%. Overall, the span from 2018 to 2020 saw a peak-to-trough amplitude of 57 times.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 560.2%	(96.8%)	(45.3%)	(33.7%)

Source: SHEV.io

From 2017 to 2020, Costa Rica was the dominant destination for Nicaragua's imports of non-coniferous wood fuel in kind, accounting for 79.0% of total flows, while the remaining share was distributed among several smaller markets.

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, $ US

The data reveals irregular changes in import values, indicating a volatile market environment. In 2018, imports peaked at 244.4 US dollars, followed by a significant decline of 94.8% in 2019 to 12.8 US dollars, which was the minimum value recorded. In 2020, imports increased to 27.8 US dollars, representing an uptick of 118.2% year-over-year. The largest increase occurred in 2018 at 843.6%. The span from 2018 to 2019 exhibited a peak-to-trough amplitude of 19 times.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	843.6%	(94.8%)	118.2%	2.4%

Source: SHEV.io

Between 2017 and 2020, the geographical pattern of imports in value terms was characterized by a strong dominance of Costa Rica, whose share reached 74.8% of total flows, while other partners held relatively minor shares.

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