Market research

Wood in the rough market in Belize

Release date: Mar 29, 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, domestic production of wood in the rough in Belize remained fixed at 108.6 thousand tons each year. This stagnation aligns with reported timber depletion on national lands and a strategic redirection of forestry toward forest reserves under the National Protected Areas System Plan, which prioritized sustainable yield and ecosystem conservation over expansion of harvests.

Market volume, calculated until 2023, varied between 109.0 and 114.5 thousand tons, mirroring swings in import activity. Imports surged to 6.1 thousand tons in 2019, boosting the total market, then dropped sharply the following year. After 2020, imports recovered gradually, reaching 4.6 thousand tons by 2023 and supporting a market size of 113.0 thousand tons. Import figures for 2024 and 2025 indicate a continuation of moderate inbound shipments.

Over the six-year span from 2018 to 2023, the Belizean wood in the rough market expanded by approximately 3% in volume, from 109.7 to 113.0 thousand tons. With domestic output held constant by resource and policy constraints, the entirety of this growth was supplied through increased net imports.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Belize
  1. 5.1.1. Annual dynamics of production in Belize in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Belize 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 t
  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 t
  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, t
    1. 6.1.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
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 in the rough in Belize

In kind, 2018-2021, K t

Top producers of wood in the rough, 2018-2021

Source: SHEV.io

World map of production of wood in the rough, 2018-2021

Source: SHEV.io

In 2021, Belize produced 108.6 thousand tons of wood in the rough, showing only a slight fluctuation compared to the previous year. The largest decline occurred in 2019, at 0.0%, while the largest increase was also recorded in 2019, at 0.0%.

Annual dynamics of production in Belize in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports wood in the rough from Belize

Exports in kind, t

In 2019, Belize exported 143 tons of wood in the rough, marking a 74.8% year-over-year increase.

Annual dynamics of product's exports from Belize in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	74.8%	n/a	n/a	-

Source: SHEV.io

From 2018 to 2021, China and the United States accounted for 93.0% of Belize's total exports of wood in the rough, with the remaining share distributed among other destinations, each contributing smaller amounts.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Belize in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

In 2019, Belize exported 85 thousand US dollars worth of wood in the rough, representing a notable 23.4% year-over-year reduction.

Annual dynamics of product's exports from Belize in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(23.4%)	n/a	n/a	-

Source: SHEV.io

Throughout 2018–2021, China and the United States clearly dominated the value of wood in the rough exports from Belize, jointly accounting for 92.1% of total flows, while other countries held much smaller shares.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Belize in value, 2018-2021

Source: SHEV.io

Imports wood in the rough to Belize

Imports in kind, t

The market showed noticeable fluctuations during this period. In 2019, imports peaked at 6 113 tons, but dropped to a low of 471 tons in 2020, a 13-fold difference. By 2021, deliveries of wood in the rough to Belize reached 1 927 tons, up 309.5% from the previous year. The largest decline occurred in 2020, at 92.3%, while the largest increase was in 2019, at 382.0%.

Annual dynamics of product's imports to Belize in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	382.0%	(92.3%)	309.5%	15.0%

Source: SHEV.io

From 2018 to 2021, imports of wood in the rough to Belize were almost entirely concentrated in the United States, which held a 90.8% share.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Belize in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

The market exhibited volatility over the observed period. In 2019, imports reached a high of 4 078 thousand US dollars, falling to a low of 625 thousand US dollars in 2020, a peak-to-trough ratio of 6.5 times. In 2021, Belize imported a total of 1 808 thousand US dollars of wood in the rough, amounting to a 189.3% year-over-year rise. The largest decline was recorded in 2020, at 84.7%, while the largest increase occurred in 2019, at 314.0%.

Annual dynamics of product's imports to Belize in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	314.0%	(84.7%)	189.3%	22.4%

Source: SHEV.io

In 2018–2021, the United States and Germany were the dominant suppliers of wood in the rough to Belize in value terms, together accounting for 85.3% of total imports, with other partners forming a less significant background.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Belize in value, 2018-2021

Source: SHEV.io