Earlier Report Observations
The market volume for wood in the rough in Aruba showed overall growth from 1,892 metric tons in 2018 to 2,242 metric tons in 2023, though it experienced a temporary decline to 1,759 metric tons in 2020. Domestic production increased steadily throughout the period, while import volumes fluctuated significantly, contributing to the changes in total market size.
Following the 2020 dip, market expansion resumed, accelerated by government measures to stimulate post-COVID-19 economic recovery, which boosted demand in construction and related sectors. In 2023, further growth was supported by a stronger labor market, with unemployment falling to 4.0%, enhancing consumer and industrial activity.
By 2024, import volumes of wood in the rough surged to 1,252 metric tons, aligning with continued economic growth, increased tourism-driven investments in infrastructure, and overall higher demand for building materials.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Aruba
- 5.1.1. Annual dynamics of production in Aruba in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Aruba in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Aruba
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Aruba in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Aruba by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Aruba in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Aruba by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Aruba, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Aruba by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Aruba in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Aruba by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Aruba in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Aruba by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Aruba, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Aruba by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Aruba in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Aruba by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Aruba in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Aruba by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Aruba, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Aruba by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Aruba in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Aruba by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Aruba in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Aruba by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Aruba, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Aruba by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production wood in the rough in Aruba
In kind, 2017-2020, t
Top producers of wood in the rough, 2017-2020
World map of production of wood in the rough, 2017-2020
Wood in the rough production in Aruba increased for the third consecutive year. In 2020, Aruba produced 1,621 tons of wood in the rough, which is 3.8% higher than in 2019. Over the period from 2017 to 2020, production grew by 11.7%, with a compound annual growth rate of 3.8%.
Annual dynamics of production in Aruba in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.8% | 3.7% | 3.8% | 3.8% |
Exports wood in the rough from Aruba
Exports in kind, t
In 2020, wood in the rough exports from Aruba totaled 0.0 tons, representing a 75.0% decrease compared to the previous year. From 2017 to 2020, exports fell by 99.2%, with a compound annual decline rate of 79.6%.
Annual dynamics of product's exports from Aruba in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (75.0%) | n/a | n/a | (79.6%) |
From 2017 to 2020, Curaçao was the leading destination for Aruba's wood in the rough exports in volume terms, accounting for 0.7% of the total.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Aruba in kind, 2017-2020
Exports in value, K $ US
In 2020, wood in the rough shipments from Aruba abroad amounted to 0.5 thousand US dollars, marking a 75.0% year-on-year decline. Between 2017 and 2020, exports decreased by 90.1%, equivalent to an annualized rate of 53.7%.
Annual dynamics of product's exports from Aruba in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (75.0%) | n/a | n/a | (53.7%) |
Throughout 2017 to 2020, Curaçao held the largest share of Aruba's wood in the rough exports in value terms, representing 7.4% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Aruba in value, 2017-2020
Imports wood in the rough to Aruba
Imports in kind, t
Aruba's wood in the rough imports declined for the third consecutive year. In 2020, Aruba imported a total of value_last_year tons of wood in the rough, constituting a 63.1% fall compared to the previous year. Between 2017 and 2020, imports decreased by 72.4%, equating to an annualized rate of 34.9%.
Annual dynamics of product's imports to Aruba in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (22.6%) | (3.5%) | (63.1%) | (34.9%) |
From 2017 to 2020, the United States and Colombia dominated Aruba's wood in the rough imports in volume terms, together accounting for 94.5% of total flows, while other destinations made smaller individual contributions.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Aruba in kind, 2017-2020
Imports in value, K $ US
The data reveals irregular changes, indicating a volatile market environment. From the low in 2020 to the high in 2017, volumes varied 5.1 times. In 2020, wood in the rough deliveries to Aruba stood at 67.1 thousand US dollars, representing a 76.8% decrease compared to 2019. The largest increase was recorded in 2019 at 6.4%.
Annual dynamics of product's imports to Aruba in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.3%) | 6.4% | (76.8%) | (41.8%) |
From 2017 to 2020, the United States and Colombia together accounted for 94.1% of Aruba's total wood in the rough imports in value terms, with other countries forming a diversified but less significant portion.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Aruba in value, 2017-2020
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