Market research

Wood fuel market in Cuba

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 volume in Cuba showed relative stability from 2018 to 2022, moving within a narrow band of 961 000 to 998 000 m³. High demand for wood fuel to meet residential energy needs and the emergence of private commercial activity, particularly in regions like Guantánamo and Cumanayagua, supported the market in 2018. A slight expansion to 996 000 m³ occurred in 2020, coinciding with government measures to update wholesale fuel prices in convertible currency as part of a broader monetary reform.

Market volume held near 989 000–998 000 m³ in 2021 and 2022 amid government discussions on pricing policy and cost management in a context of inflation. However, 2023 saw a decline to 959 000 m³. This coincided with a deepening energy crisis characterized by a severe foreign currency shortage for fuel imports, outdated power generation infrastructure, and the impact of the US embargo, which collectively constrained fuel availability across the country.

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 Cuba
  1. 5.1.1. Annual dynamics of production in Cuba in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Cuba 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, 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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's exports from Cuba in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's exports in kind from Cuba by countries, 2018-2024, K m³
    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 Cuba in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Cuba 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/m³
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Cuba, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's exports from Cuba by countries, 2018-2024, $ US/m³
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's exports from Cuba in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's exports in kind from Cuba by countries, 2018-2024, K m³
    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 Cuba in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Cuba 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/m³
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Cuba, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's exports from Cuba by countries, 2018-2024, $ US/m³
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's imports to Cuba in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's imports in kind to Cuba by countries, 2018-2024, K m³
    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 Cuba in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Cuba 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/m³
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Cuba, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's imports to Cuba by countries, 2018-2024, $ US/m³
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's imports to Cuba in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's imports in kind to Cuba by countries, 2018-2024, K m³
    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 Cuba in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Cuba 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/m³
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Cuba, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's imports to Cuba 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 Cuba

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

Cuba's wood fuel production remained stable in 2020, with output at 1 141 K m³ showing no significant change from the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

In value, 2017-2020, M $ US

Following a two-year rise, Cuba's wood fuel production volume declined. In 2020, the output was valued at 234.4 M $ US, representing a modest year-over-year drop of 7.3%. Over the period from 2017 to 2020, production decreased by 2.3%, with a compound annual growth rate of 0.8%. The maximum value was recorded in 2019 at 252.9 M $ US, which also saw the largest increase of 2.9%.

Annual dynamics of production in Cuba in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.4%	2.9%	(7.3%)	(0.8%)

Source: SHEV.io

Exports wood fuel from Cuba

Exports in kind, K m³

After a two-year increase, wood fuel exports from Cuba declined. In 2020, the export volume totaled 145.1 K m³, showing a significant year-over-year fall of 19.5%. From 2017 to 2020, exports decreased by 7.3%, with a compound annual growth rate of 2.5%. The maximum value was recorded in 2019 at 180.2 K m³, which also experienced the largest increase of 12.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.6%	12.2%	(19.5%)	(2.5%)

Source: SHEV.io

From 2017 to 2020, Turkey, Greece, and Spain accounted for the largest share of exports in kind, with Turkey at 24.5%, Greece at 21.7%, and Spain at 19.3% of total exports. Together, these three countries comprised 65.5% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year gain, foreign wood fuel supplies from Cuba declined. In 2020, exports amounted to 29 800 K $ US, marking a steep contraction of 25.4% over the past year. Over the period from 2017 to 2020, exports decreased by 9.4%, with a compound annual growth rate of 3.2%. The maximum value was recorded in 2019 at 39 935 K $ US, which also saw the largest increase of 15.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.1%	15.5%	(25.4%)	(3.2%)

Source: SHEV.io

Throughout 2017 to 2020, the three largest markets for Cuba's wood fuel exports in value terms were Turkey, Greece, and Spain, together accounting for 66.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood fuel to Cuba

Imports in kind, K m³

Market performance showed noticeable fluctuations during the period. Imports peaked in 2017 and reached their lowest point in 2020, with an 80-fold gap between these years. In 2020, Cuba's volume of wood fuel imports was recorded at 0.0 K m³, indicating a decline of 98.7% from a year earlier. The largest increase was recorded in 2019 at 1 141.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(92.1%)	1 141.7%	(98.7%)	(76.8%)

Source: SHEV.io

From 2017 to 2020, Colombia remained the almost exclusive supplier of wood fuel to Cuba, accounting for 93.3% 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 Cuba in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. A 7.4-fold variation was recorded between the maximum in 2019 and the minimum in 2018. In 2020, wood fuel shipments to Cuba from abroad totaled 46 K $ US, corresponding to a decline of 70.2% from a year earlier. The minimum value was recorded in 2018 at 21 K $ US, while the maximum value was in 2019 at 155 K $ US. The largest increase occurred in 2019 at 641.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(50.1%)	641.8%	(70.2%)	3.3%

Source: SHEV.io

In 2017 to 2020, South Korea and Colombia dominated imports in value terms, together accounting for 80.3% of total flows, with other destinations making smaller individual contributions.

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

Source: SHEV.io

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

Source: SHEV.io