Market research

Wood fuel market in Aruba

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The wood fuel market in Aruba experienced fluctuations in volume from 2018 to 2023. Starting at 2 951 m³ in 2018, the market contracted to 2 610 m³ in 2019 before rebounding to over 3 200 m³ in 2020 and 2021. This initial volatility occurred without major reported policy shifts affecting the sector.

A notable decline to 3 054 m³ in 2022 coincided with the introduction of maximum price controls for various products, which likely constrained supply incentives and affected import-dependent availability. The market recovered to 3 468 m³ in 2023, supported by steady growth in domestic production and inflationary pressures that may have increased demand for wood fuel as a cost-effective energy source.

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 Aruba
  1. 5.1.1. Annual dynamics of production in Aruba in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Aruba 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 Aruba in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Aruba 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, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Aruba in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Aruba by countries, 2018-2024, K $ 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 Aruba, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Aruba 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 Aruba in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Aruba 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, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Aruba in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Aruba by countries, 2018-2024, K $ 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 Aruba, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Aruba by countries, 2018-2024, $ 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 Aruba in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Aruba by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Aruba in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Aruba by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  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 Aruba, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Aruba by countries, 2018-2024, $ 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 Aruba in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Aruba by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Aruba in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Aruba by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  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 Aruba, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Aruba by countries, 2018-2024, $ 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, 2018-2024
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 fuel in Aruba

In kind, 2017-2020, m³

Top producers of wood fuel, 2017-2020

Source: SHEV.io

World map of production of wood fuel, 2017-2020

Source: SHEV.io

Aruba's wood fuel production has increased for the third consecutive year. In 2020, the country produced 2 494 m³ of wood fuel, marking a modest rise of 3.8% compared to the previous year. Over the period from 2017 to 2020, production grew by 11.7%, with an average annual growth rate of 3.8%.

Annual dynamics of production in Aruba in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.8%	3.7%	3.8%	3.8%

Source: SHEV.io

Exports wood fuel from Aruba

Exports in kind, m³

The market showed significant volatility during these years. Exports reached their lowest point in 2019 at 0.0 m³, which was 99.9% lower than the previous year, and peaked in 2018 at 2.4 m³, representing a dramatic 1 961.3% increase. The difference between these years was a staggering 773-fold.

Annual dynamics of product's exports from Aruba in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 961.3%	(99.9%)	n/a	-

Source: SHEV.io

From 2017 to 2020, Curaçao and Venezuela dominated the export rankings in kind, together accounting for 90.3% 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 Aruba in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Market performance exhibited noticeable fluctuations during this period. Exports bottomed out in 2019 at 0.0 K $ US, down 98.8% from the previous year, and peaked in 2018 at 0.1 K $ US, with a sharp increase of 1 040.0%. The difference between these years was 85-fold.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 040.0%	(98.8%)	n/a	-

Source: SHEV.io

Throughout 2017 to 2020, Venezuela, Curaçao, and the United States formed the core group of export markets in value terms, with shares of 26.6%, 10.6%, and 1.1% respectively, collectively representing 38.3% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood fuel to Aruba

Imports in kind, m³

The market was characterized by volatility during these years. Imports hit their lowest point in 2019 at 206.8 m³, declining by 67.5%, and rose to a high in 2020 at approximately 731.5 m³, marking a steep uptick of 253.7% compared to 2019. The difference between these years was 3.5-fold.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	33.9%	(67.5%)	253.7%	15.5%

Source: SHEV.io

From 2017 to 2020, the United States, Colombia, and the Netherlands led as the top suppliers of wood fuel to Aruba in kind, with shares of 37.3%, 25.0%, and 6.1% respectively, jointly accounting for 68.4% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Market performance showed noticeable fluctuations during this period. Imports dropped to a minimum in 2019 at 134.2 K $ US, with a decline of 35.0%, and climbed to a maximum in 2020 at approximately 281.6 K $ US, rising by 109.9% year-over-year. The difference between these years was 2.1-fold.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.7%)	(35.0%)	109.9%	8.8%

Source: SHEV.io

From 2017 to 2020, the United States, Colombia, and the Netherlands continued to be the leading suppliers of wood fuel to Aruba in value terms, with shares of 54.2%, 18.0%, and 6.8% respectively, collectively representing 79.0% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io