Market research

Wood charcoal market in Caribbean

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Caribbean" region includes following countries:

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The wood charcoal market volume in the Caribbean showed considerable movement between 2018 and 2023. Starting at 93.0 thousand tons, it fell to 79.5 thousand tons in 2019 before surging to 105.3 thousand tons in 2020. Growth continued to 117.0 thousand tons in 2021, followed by a modest dip to 111.8 thousand tons in 2022 and a recovery to 117.3 thousand tons by 2023.

This variability was closely tied to the dynamics of production and trade. Domestic production rose steadily from 195.3 thousand tons to 235.5 thousand tons over the six years, while export volumes experienced significant swings from 105.2 to 120.8 thousand tons. With imports remaining a small factor, the available market volume was predominantly shaped by how much of the increasing production was retained for domestic consumption versus shipped abroad.

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 Caribbean
  1. 5.1.1. Annual dynamics of production in Caribbean in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  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 t
  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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, K $ 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 wood charcoal in Caribbean

In kind, 2017-2020, K t

Top producers of wood charcoal, 2017-2020

Source: SHEV.io

World map of production of wood charcoal, 2017-2020

Source: SHEV.io

Wood charcoal production in the Caribbean increased for the third consecutive year. In 2019, production remained relatively stable, and in 2020, it reached 197.0 thousand tonnes, showing minimal change from the previous year.

Annual dynamics of production in Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.4%	0.4%	0.4%	0.4%

Source: SHEV.io

In value, 2017-2020, K $ US

After two years of growth, wood charcoal production value in the Caribbean declined. In 2019, output peaked at 69 501 thousand US dollars, with a 7.4% increase that year. In 2020, production value fell to 62 365 thousand US dollars, marking a 10.3% decrease compared to 2019.

Annual dynamics of production in Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.9%	7.4%	(10.3%)	(0.3%)

Source: SHEV.io

Exports wood charcoal from Caribbean

Exports in kind, K t

Following two years of growth, wood charcoal export volumes from the Caribbean declined. In 2019, exports reached their highest point at 119.1 thousand tonnes, with a 13.2% increase that year. In 2020, exports dropped to 94.7 thousand tonnes, representing a 20.5% decrease from 2019. Over the 2017-2020 period, exports decreased by 7.4%, with a compound annual growth rate of -2.5%.

Annual dynamics of product's exports from Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.9%	13.2%	(20.5%)	(2.5%)

Source: SHEV.io

From 2017 to 2020, Turkey, Greece, and Spain were the largest contributors to wood charcoal exports in volume terms. Turkey accounted for 24.3% of exports, Greece for 21.5%, and Spain for 19.2%. Together, these three countries represented 65.0% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Caribbean in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

After two years of growth, wood charcoal export value in the Caribbean declined. In 2019, exports peaked at 42 196 thousand US dollars, with a 21.0% increase that year. In 2020, export value fell sharply to 29 979 thousand US dollars, a 29.0% decrease from 2019. Over the 2017-2020 period, exports decreased by 9.3%, with a compound annual growth rate of -3.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.5%	21.0%	(29.0%)	(3.2%)

Source: SHEV.io

From 2017 to 2020, Turkey, Greece, and Spain remained the primary buyers of wood charcoal from the Caribbean in value terms. Turkey accounted for 23.4% of export value, Greece for 21.9%, and Spain for 19.4%. Collectively, these three countries represented 64.7% of total export value.

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

Source: SHEV.io

World map of product's exports from Caribbean in value, 2017-2020

Source: SHEV.io

Imports wood charcoal to Caribbean

Imports in kind, K t

Wood charcoal import volumes in the Caribbean increased in 2020. In 2019, imports saw a 17.5% decline, but in 2020, they rose to 3.0 thousand tonnes, a 24.2% increase from 2019. Over the 2017-2020 period, imports grew by 25.3%, with a compound annual growth rate of 7.8%.

Annual dynamics of product's imports to Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	22.3%	(17.5%)	24.2%	7.8%

Source: SHEV.io

From 2017 to 2020, Guyana, the United States, and China were consistently the main sources of wood charcoal imports in volume terms. Guyana accounted for 30.0% of imports, the United States for 24.6%, and China for 17.8%. Together, these three countries represented 72.4% of total import flows.

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

Source: SHEV.io

World map of product's imports to Caribbean in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Wood charcoal import value in the Caribbean increased for the third consecutive year. In 2020, imports totaled 3 518 thousand US dollars, a sharp 42.1% increase from 2019. Between 2017 and 2020, imports grew by 149.1%, equating to a 35.6% annualized growth rate.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	69.8%	3.2%	42.1%	35.6%

Source: SHEV.io

From 2017 to 2020, China, the United States, and the Netherlands stood out as the main markets for wood charcoal imports in value terms. China accounted for 34.9% of import value, the United States for 26.0%, and the Netherlands for 13.1%. Collectively, these three countries represented 74.0% 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 Caribbean in value, 2017-2020

Source: SHEV.io