Market research

Wood charcoal market in Guyana

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The wood charcoal market volume in Guyana remained steady at 23 961 t in 2019 but contracted to 23 090 t in 2020.

A sustained recovery began in 2021, with market volume rising to 24 608 t by 2023. This growth was propelled by a turnaround in forestry production from 2021, bolstered by sustainable forest management initiatives such as Guyana's receipt of the first TREES carbon credits in 2022. The forestry sector's over 10% production growth in 2022-2023 further supported the expansion of charcoal supply.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Guyana
  1. 5.1.1. Annual dynamics of production in Guyana in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Guyana 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, 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, 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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
    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 Guyana in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guyana 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
    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 Guyana in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guyana 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
    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 Guyana in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Guyana 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
    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 Guyana in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Guyana 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 wood charcoal in Guyana

In kind, 2018-2021, t

Top producers of wood charcoal, 2018-2021

Source: SHEV.io

World map of production of wood charcoal, 2018-2021

Source: SHEV.io

Guyana's wood charcoal production has increased for the third consecutive year. In 2021, the country produced 25 125 tons of wood charcoal, which represents a 0.7% increase compared to the previous year. Between 2018 and 2021, production grew by 2.2%, translating to an average annual growth rate of 0.7%.

Annual dynamics of production in Guyana in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.7%	0.7%	0.7%	0.7%

Source: SHEV.io

In value, 2018-2021, K $ US

After two years of decline, Guyana's wood charcoal production value rebounded in 2021. The output was valued at 7 750 thousand US dollars, marking a 9.9% increase from the previous year. However, over the 2018-2021 period, production value decreased by 17.7%, with a compound annual growth rate of -6.3%. The lowest value was recorded in 2020 at 7 049 thousand US dollars, while the largest decline occurred in 2019 with a 14.1% drop.

Annual dynamics of production in Guyana in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.1%)	(12.9%)	9.9%	(6.3%)

Source: SHEV.io

Exports wood charcoal from Guyana

Exports in kind, t

The export market for wood charcoal from Guyana showed significant volatility during the observed period. The lowest export volume was recorded in 2018, while the highest was in 2020, creating a 2.9-fold difference between these years. In 2021, Guyana exported 1 584 tons of wood charcoal, representing a 14.8% decrease compared to the previous year. The peak volume of 1 859 tons was reached in 2020, which also saw the largest increase of 130.2%.

Annual dynamics of product's exports from Guyana in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	23.9%	130.2%	(14.8%)	34.5%

Source: SHEV.io

Between 2018 and 2021, Trinidad and Tobago was overwhelmingly dominant as the destination for Guyana's wood charcoal exports, accounting for 93.4% of total export volume.

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

Source: SHEV.io

World map of product's exports from Guyana in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

The export value of wood charcoal from Guyana displayed considerable instability throughout the timeframe. The lowest value was recorded in 2018, while the highest was in 2020, showing a 2.1-fold difference between these years. In 2021, exports were valued at 488.7 thousand US dollars, representing a 7.0% decrease from 2020. The peak value of 525.3 thousand US dollars was achieved in 2020, which also experienced the largest increase of 99.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.7%	99.1%	(7.0%)	25.1%

Source: SHEV.io

From 2018 to 2021, Trinidad and Tobago dominated the geographical structure of Guyana's wood charcoal exports in value terms, accounting for 92.5% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood charcoal to Guyana

Imports in kind, t

Guyana's wood charcoal import volume showed notable fluctuations during the observed period. The lowest import volume was recorded in 2019, while the highest was in 2018, creating an 8.2-fold difference between these years. In 2021, Guyana imported wood charcoal totaling the previous year's value, marking a substantial 38.5% increase year-over-year. The minimum volume of 3 tons was recorded in 2019, which also saw the largest decline of 87.8%.

Annual dynamics of product's imports to Guyana in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(87.8%)	12.7%	38.5%	(42.5%)

Source: SHEV.io

Between 2018 and 2021, the geographical pattern of Guyana's wood charcoal imports was primarily determined by Trinidad and Tobago and the United States, which together accounted for 99.6% of total import volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Guyana's wood charcoal import value demonstrated volatility throughout the observed period. The lowest value was recorded in 2019, while the highest was in 2018, showing a 6.2-fold difference between these years. In 2021, imports were valued at 17.1 thousand US dollars, representing a sharp 92.1% increase compared to the previous year. The minimum value of 7.1 thousand US dollars was recorded in 2019, which also experienced the largest decline of 83.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(83.9%)	26.1%	92.1%	(27.0%)

Source: SHEV.io

Throughout 2018-2021, Trinidad and Tobago (with 56.1% of total flows) and the United States (43.5%) were the key markets for Guyana's wood charcoal imports in value terms, together forming 99.6% of total import flows.

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

Source: SHEV.io

World map of product's imports to Guyana in value, 2018-2021

Source: SHEV.io