Market research

Wood fuel market in the Bahamas

Release date: Mar 30, 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 fuel market volume in the Bahamas fluctuated within a range of 37 thousand m³ to 42.3 thousand m³, showing an overall upward trend. The market expanded from 37.9 thousand m³ in 2018 to a peak of 42.3 thousand m³ in 2023, despite a temporary contraction in 2020 and a slight dip in 2022.

Import volatility was a primary driver of market swings, with import volumes ranging from 3.1 thousand m³ in 2020 to 11.2 thousand m³ in 2023. Domestic production remained stable, growing marginally from 33.8 thousand m³ to 34.1 thousand m³ over the period, while exports played a negligible role in overall market size.

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 the Bahamas
  1. 5.1.1. Annual dynamics of production in the Bahamas in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in the Bahamas 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 the Bahamas in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to the Bahamas 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 the Bahamas, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to the Bahamas 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 the Bahamas in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to the Bahamas 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 the Bahamas, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to the Bahamas 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 the Bahamas in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from the Bahamas 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 the Bahamas, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from the Bahamas 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 the Bahamas in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from the Bahamas 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 the Bahamas, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from the Bahamas 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 the Bahamas

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

Wood fuel production in the Bahamas increased for the third consecutive year. In 2020, 33 904 m³ of wood fuel were produced, remaining broadly stable compared to 2019 levels.

Annual dynamics of production in the Bahamas in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.1%	0.1%	0.1%	0.1%

Source: SHEV.io

Exports wood fuel from the Bahamas

Exports in kind, m³

In 2019, wood fuel exports from the Bahamas totaled 1 m³, marking a 42.1% decline from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(42.1%)	n/a	-

Source: SHEV.io

From 2017 to 2020, the Bahamas showed a pronounced dependence on the United States, with this market accounting for 100.0% of total wood fuel exports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2019, the Bahamas exported 0.2 thousand US dollars worth of wood fuel, representing an 83.3% increase over the past year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	83.3%	n/a	-

Source: SHEV.io

Between 2017 and 2020, the geographical pattern of exports in value terms reflected a strong reliance on the United States, which absorbed 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood fuel to the Bahamas

Imports in kind, m³

There were noticeable fluctuations in market performance during this period. Imports reached their lowest point in 2020 and peaked in 2017, with a 3.7-fold difference between these years. In 2020, the Bahamas imported approximately 3 143 m³ of wood fuel, which is 44.2% lower than in 2019. The largest decline was recorded in 2018 at 64.4%, while the largest increase occurred in 2019 at 37.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(64.4%)	37.8%	(44.2%)	(35.1%)

Source: SHEV.io

From 2017 to 2020, the United States accounted for almost all wood fuel imports in kind to the Bahamas, with a share of 99.5% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The Bahamas' wood fuel import volume declined for the third consecutive year. In 2020, import volume reached 488 thousand US dollars, representing a steep 30.4% decrease from 2019. Between 2017 and 2020, imports fell by 63.3%, equating to an annualized decline of 28.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.8%)	(45.7%)	(30.4%)	(28.4%)

Source: SHEV.io

Between 2017 and 2020, the geographical pattern of imports in value terms reflected a strong dependence on the United States, which absorbed 97.4% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io