Market research

Wood charcoal market in Trinidad and Tobago

Release date: Mar 29, 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 wood charcoal market in Trinidad and Tobago displayed considerable volatility, with annual volumes oscillating between 2 600 t and 2 750 t. The market peaked at 2 750 t in 2019 before experiencing a contraction in 2020 and a subsequent rebound to 2 725 t by 2023.

A gradual, steady decline in domestic production characterized the period, falling from 1 828 t to 1 799 t. This downward trend in local output was counterbalanced by significant year-on-year fluctuations in import volumes, which varied from a low of 770 t to a high of 929 t, directly shaping the total available market supply.

The overall market size demonstrated resilience, maintaining a consistent level above 2 600 t throughout the six-year span. The very low export activity, never exceeding 5 t in a year, meant that domestic production and imports were the sole determinants of market volume.

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 Trinidad and Tobago
  1. 5.1.1. Annual dynamics of production in Trinidad and Tobago in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Trinidad and Tobago 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, 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 Trinidad and Tobago in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Trinidad and Tobago 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, 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 Trinidad and Tobago in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Trinidad and Tobago 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, 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 Trinidad and Tobago in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Trinidad and Tobago 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, 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 Trinidad and Tobago in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Trinidad and Tobago 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/kg
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, 2018-2024
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 Trinidad and Tobago

In kind, 2017-2020, 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 Trinidad and Tobago declined for the third consecutive year. In 2020, production reached 1 816 tonnes, showing minimal change compared to the previous year.

Annual dynamics of production in Trinidad and Tobago in kind, 2017-2020, t

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

Source: SHEV.io

Exports wood charcoal from Trinidad and Tobago

Exports in kind, t

Market performance showed noticeable fluctuations during this period. Export volumes varied significantly, with a 41-fold difference between the low in 2017 and the high in 2020. In 2020, Trinidad and Tobago exported 5.4 tonnes of wood charcoal, representing a dramatic year-over-year increase of 1 724.1%. The largest decline occurred in 2019, when exports fell by 73.6%.

Annual dynamics of product's exports from Trinidad and Tobago in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	742.4%	(73.6%)	1 724.1%	243.8%

Source: SHEV.io

From 2017 to 2020, Barbados and Saint Maarten (Dutch part) clearly dominated Trinidad and Tobago's export partner structure in kind, while other countries together accounted for the remaining share.

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

Source: SHEV.io

World map of product's exports from Trinidad and Tobago in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Trinidad and Tobago's wood charcoal export value increased for the third consecutive year. In 2020, exports totaled 24.5 thousand US dollars, marking a substantial increase of 399.7% compared to the prior year. Between 2017 and 2020, export value grew by 4 207.3%, equivalent to an annualized rate of 250.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	325.8%	102.4%	399.7%	250.5%

Source: SHEV.io

During the 2017–2020 period, Barbados remained the dominant destination for exports in value terms, capturing 79.7% of total flows, while the remainder was fragmented across other markets.

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

Source: SHEV.io

World map of product's exports from Trinidad and Tobago in value, 2017-2020

Source: SHEV.io

Imports wood charcoal to Trinidad and Tobago

Imports in kind, t

Trinidad and Tobago imported 862.9 tonnes of wood charcoal in 2020, representing a modest decrease of 7.1% compared to 2019. The lowest import volume was recorded in 2018 at 770.1 tonnes, while the peak occurred in 2019 with 928.6 tonnes. The largest decline took place in 2018, falling by 10.3%, and the largest increase was in 2019, rising by 20.6%.

Annual dynamics of product's imports to Trinidad and Tobago in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.3%)	20.6%	(7.1%)	0.2%

Source: SHEV.io

Throughout 2017–2020, Guyana dominated the partner structure for imports in kind, consistently accounting for 93.8% of total flows.

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

Source: SHEV.io

World map of product's imports to Trinidad and Tobago in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Imported wood charcoal value in Trinidad and Tobago increased for the second consecutive year. In 2020, imports totaled 313.2 thousand US dollars, showing only marginal fluctuation compared to the previous year. Over the 2017-2020 period, import value decreased by 3.3%, with a compound annual growth rate of -1.1%. The lowest value was recorded in 2018 at 267.8 thousand US dollars. The largest decline occurred in 2018, dropping by 17.3%, while the largest increase was in 2019, rising by 16.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(17.3%)	16.3%	0.5%	(1.1%)

Source: SHEV.io

From 2017 to 2020, Guyana remained the dominant partner for wood charcoal imports in value terms to Trinidad and Tobago, holding an 84.0% share of total flows, with other markets forming a long tail.

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

Source: SHEV.io

World map of product's imports to Trinidad and Tobago in value, 2017-2020

Source: SHEV.io