Market research

Wood fuel market in Central America

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Central America" region includes following countries:

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Earlier Report Observations

The wood fuel market in Central America experienced steady growth in volume between 2018 and 2023. Market size increased from 82 358 thousand cubic meters to 83 313 thousand cubic meters, a rise of approximately 1.2% over the five-year period.

This expansion was primarily driven by consistent growth in domestic production, which rose from 82 452 thousand cubic meters to 83 427 thousand cubic meters. International trade flows remained minimal throughout the period, with imports and exports each representing a very small share of total 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 Central America
  1. 5.1.1. Annual dynamics of production in Central America in kind, 2018-2023, K m³
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, K 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 Belize in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Belize 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 Belize, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Belize 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, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, K 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 Belize in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Belize 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 Belize, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Belize 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, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, K 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 Belize in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Belize 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 Belize, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Belize 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, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, K 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 Belize in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Belize 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 Belize, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K 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 Central America

In kind, 2017-2020, K m³

Top producers of wood fuel, 2017-2020

Source: SHEV.io

World map of production of wood fuel, 2017-2020

Source: SHEV.io

Central America's wood fuel production increased for the third consecutive year. In 2020, production reached 82 806 K m³, remaining broadly stable compared to 2019.

Annual dynamics of production in Central America in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.2%	0.2%	0.2%	0.2%

Source: SHEV.io

Exports wood fuel from Central America

Exports in kind, K m³

The market showed signs of volatility during the observed period. In 2019, wood fuel exports from Central America hit their lowest point at 19.5 K m³, while 2018 saw the peak at 112.1 K m³, representing a 5.7-fold difference between these years. The largest decline occurred in 2019, with an 82.6% drop. In 2020, exports rebounded to 38.6 K m³, marking a 97.8% increase from the previous year.

Annual dynamics of product's exports from Central America in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	59.0%	(82.6%)	97.8%	(18.2%)

Source: SHEV.io

From 2017 to 2020, the country structure of wood fuel exports was highly concentrated, with the United States and Dominican Republic jointly accounting for 90.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market exhibited volatility over the observed period. In 2019, wood fuel exports in value terms reached their lowest point at 3 290 K $ US, while 2018 saw the maximum at 43 145 K $ US, a fluctuation of 13.1 times. The largest decline was recorded in 2019 at 92.4%, and the largest increase occurred in 2018 at 649.9%. In 2020, exports rose to 7 562 K $ US, representing a 129.8% increase from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	649.9%	(92.4%)	129.8%	9.5%

Source: SHEV.io

Between 2017 and 2020, the market structure was highly concentrated, with the United States alone responsible for 96.8% of total exports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood fuel to Central America

Imports in kind, K m³

In 2020, Central America's imported wood fuel volumes amounted to 13.7 K m³, a 26.4% decrease compared to the previous year. Over the period 2017-2020, imports declined by 29%, with a compound annual growth rate (CAGR) of -10.8%. The largest increase was recorded in 2019 at 5.9%.

Annual dynamics of product's imports to Central America in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.9%)	5.9%	(26.4%)	(10.8%)

Source: SHEV.io

From 2017 to 2020, the United States was the principal market for wood fuel imports to Central America, accounting for 72.2% of total imports in kind, while other destinations formed a less significant portion.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

After a two-year gain, wood fuel imports to Central America declined. In 2020, imports totaled 3 441 K $ US, reflecting a steep 29.2% year-over-year decrease. Over the period 2017-2020, imports fell by 19.8%, with a CAGR of -7.1%. The maximum value was recorded in 2019 at 4 862 K $ US, and the largest increase occurred in 2018 at 8.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.7%	4.2%	(29.2%)	(7.1%)

Source: SHEV.io

Throughout 2017–2020, the United States and Paraguay remained the key partner countries for imports in value terms, with a combined share of 83.0% of total flows; other partners accounted for the remainder.

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

Source: SHEV.io

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

Source: SHEV.io