Market research

Non coniferous wood fuel market in Panama

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The market volume for non-coniferous wood fuel in Panama consistently declined from 1 005 K m³ in 2018 to 937 K m³ in 2023. This downward trend reflects a long-term reduction in both industrial use and household consumption of wood fuel, as observed in historical data from prior decades, signaling a structural shift in energy preferences.

The COVID-19 pandemic in 2020 exacerbated this contraction by weakening purchasing power and increasing reliance on imported fossil fuels, which further dampened demand for wood fuel. Urban areas, particularly Panama City, maintained a strong preference for charcoal in commercial activities such as restaurants, limiting any potential recovery for the wood fuel market.

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 Panama
  1. 5.1.1. Annual dynamics of production in Panama in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Panama 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 Panama in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Panama 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 Panama in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Panama 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, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Panama, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Panama 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 Panama in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Panama 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 Panama in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Panama 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, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Panama, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Panama 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, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, m³
  2. 7.2.2. In value, $ 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 wood fuel in Panama

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

Panama's production of non-coniferous wood fuel has declined for three consecutive years. In 2020, the country produced 976 thousand cubic meters, a decrease of 1.4% compared to 2019. Looking at the period from 2017 to 2020, production fell by 4.3%, which translates to an average annual decline of 1.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.5%)	(1.5%)	(1.4%)	(1.5%)

Source: SHEV.io

Exports non coniferous wood fuel from Panama

Market analysis indicates that Panama did not export any non-coniferous wood fuel between 2017 and 2020.

Imports non coniferous wood fuel to Panama

Imports in kind, m³

The import market for non-coniferous wood fuel in Panama showed significant volatility during this period. The lowest volume was recorded in 2018 at 1.22 cubic meters, which represented a 29.0% decline from the previous year. By 2020, imports surged dramatically to 17.57 cubic meters, marking a 581.9% increase compared to 2019. Overall, imports fluctuated by a factor of 14.4 between the peak in 2020 and the trough in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(29.0%)	110.7%	581.9%	116.9%

Source: SHEV.io

From 2017 to 2020, the United States was the exclusive source for Panama's imports of non-coniferous wood fuel, accounting 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 Panama in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

The value of imports for non-coniferous wood fuel in Panama was highly volatile during these years. The lowest value was recorded in 2018 at 5 386 US dollars, representing a 19.1% decrease from 2017. By 2020, import values rose sharply to 23 158 US dollars, a 161.8% increase compared to 2019. Overall, import values varied by a factor of 4.3 between the high in 2020 and the low in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(19.1%)	64.2%	161.8%	51.5%

Source: SHEV.io

Throughout the 2017–2020 period, the United States dominated Panama's import structure in value terms, consistently representing 100.0% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io