Market research

Roundwood coniferous market in Belize

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The coniferous roundwood market in Belize experienced notable volatility from 2018 to 2023, with market volume expanding from 9 200 m³ to nearly 13 000 m³. A 56% surge in 2019 coincided with high global export prices and growing Asian demand for industrial roundwood, which stimulated import activity into the country.

The market contracted by 42% in 2020 as the COVID‑19 pandemic disrupted global supply chains and regional conservation policies constrained wood availability. Recovery followed in 2021 with an 18% increase, supported by the industry’s digitalization trend and a shift in consumer preferences toward certified sustainable products.

After a modest 3% rise in 2022—a period of slightly declining global consumption and stable Latin American export prices—the market grew another 28% in 2023. This acceleration was driven by the ongoing global economic recovery and stronger demand from younger consumers for environmentally friendly roundwood.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Belize
  1. 5.1.1. Annual dynamics of production in Belize in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Belize 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, 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, 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 Belize in kind, 2018-2025, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Belize, 2018-2025, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ 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 Belize in kind, 2018-2025, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Belize, 2018-2025, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ 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 Belize in kind, 2018-2025, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ 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 Belize in kind, 2018-2025, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ 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, 2018-2025
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 coniferous roundwood in Belize

In kind, 2018-2021, m³

Top producers of coniferous roundwood, 2018-2021

Source: SHEV.io

World map of production of coniferous roundwood, 2018-2021

Source: SHEV.io

In 2021, Belize produced 8 000 m³ of roundwood coniferous, remaining relatively stable compared to 2020. The largest decline was recorded in 2019 at 0.0%, while the largest increase also occurred 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	-	-	-	-

Source: SHEV.io

Exports coniferous roundwood from Belize

Exports in kind, m³

Annual dynamics of product's exports from Belize in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Belize in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2018 to 2021, the United States was the almost exclusive buyer of roundwood coniferous from Belize, accounting for 100.0% of total exports in value terms.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Belize in value, 2018-2021

Source: SHEV.io

Imports coniferous roundwood to Belize

Imports in kind, m³

The market showed significant volatility during this period. The lowest volume was recorded in 2020 at 329 m³, while the highest occurred in 2019 at 6 351 m³, representing a 19-fold difference between these years. In 2021, roundwood coniferous shipments to Belize from abroad amounted to 1 847 m³, marking a substantial increase of 461.4% compared to the previous year. The largest decline was recorded in 2020 at 94.8%.

Annual dynamics of product's imports to Belize in kind, 2018-2021, m³

Parameter		2019	2020	2021	CAGR
1	Change from last year	430.1%	(94.8%)	461.4%	15.5%

Source: SHEV.io

From 2018 to 2021, imports of roundwood coniferous to Belize were almost entirely concentrated in the United States, which accounted for 99.4% of the total.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Belize in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

The market exhibited considerable volatility during these years. The lowest value was recorded in 2020 at 197 K $ US, while the highest occurred in 2019 at 3 400 K $ US, with a 17-fold difference between these points. In 2021, Belize's volume of roundwood coniferous imports amounted to 982 K $ US, showing a sharp increase of 398.8% compared to 2020. The largest decline was recorded in 2020 at 94.2%, and the largest increase was in 2019 at 525.9%.

Annual dynamics of product's imports to Belize in value, 2018-2021, K $ US