Market research

Wood in the rough market in Central America

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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"Central America" region includes following countries:

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Earlier Report Observations

From 2018 to 2020, the market for wood in the rough in Central America showed stable volume, moving from 60.8 million metric tons to 61.1 million metric tons. In value terms, the market contracted to $9.5 billion in 2019 before stabilizing at $9.6 billion in 2020.

Starting in 2021, the market entered a clear growth phase. By 2023, volume had expanded to 64.3 million metric tons, while market value rose sharply to $12.0 billion. This expansion was driven by increasing global demand for wood, particularly for construction and furniture manufacturing, which boosted consumption. Simultaneously, rising prices for raw timber, especially for softwoods like pine, contributed to the higher overall market value.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. 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 t
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, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, K t
    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 Belize in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Belize 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, K t
    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 Belize in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Belize 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, K t
    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 Belize in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Belize 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, K t
    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 Belize in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Belize 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  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 in the rough in Central America

In kind, 2017-2020, K t

Top producers of wood in the rough, 2017-2020

Source: SHEV.io

World map of production of wood in the rough, 2017-2020

Source: SHEV.io

Wood in the rough production in Central America increased after a two-year decline. In 2019, production reached its minimum at 61 258 thousand tons, with the largest decline of 0.2% recorded that year. In 2020, production was 61 538 thousand tons, showing no significant change from 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.1%)	(0.2%)	0.5%	0.1%

Source: SHEV.io

In value, 2017-2020, M $ US

The value of wood in the rough production in Central America showed only minor fluctuations year-over-year. In 2019, it reached its minimum at 9 609 million US dollars, with the largest decline of 11.8% recorded that year. In 2020, production was valued at 9 611 million US dollars. Between 2017 and 2020, production decreased by 16.6%, equivalent to an annualized rate of 5.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.4%)	(11.8%)	0.0%	(5.9%)

Source: SHEV.io

Exports wood in the rough from Central America

Exports in kind, K t

After a two-year advance, Central America's wood in the rough exports declined. In 2018, the largest increase of 13.6% was recorded. In 2019, exports peaked at 562.0 thousand tons. In 2020, exports fell to 416.3 thousand tons, a decrease of 25.9% from 2019. Between 2017 and 2020, exports decreased by 11.3%, equating to an annualized rate of 3.9%.

Annual dynamics of product's exports from Central America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.6%	5.4%	(25.9%)	(3.9%)

Source: SHEV.io

From 2017 to 2020, India remained the dominant partner for Central America's wood in the rough exports in kind, accounting for 79.1% of total flows, while other markets formed a long tail.

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

Wood in the rough shipments from Central America declined for the second consecutive year. In 2018, exports reached their maximum at 94 707 thousand US dollars, with the largest increase of 7.6% recorded that year. In 2020, exports fell to 65 023 thousand US dollars, a decrease of 26.2% from the previous year. Between 2017 and 2020, exports decreased by 26.2%, equivalent to an annualized rate of 9.6%.

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	7.6%	(6.9%)	(26.2%)	(9.6%)

Source: SHEV.io

From 2017 to 2020, India and China together captured 86.5% of Central America's total wood in the rough exports in value terms, with the rest of the flows spread thinly across other markets.

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 in the rough to Central America

Imports in kind, K t

The market exhibited an unstable trend throughout the timeframe. In 2018, imports bottomed at 15.2 thousand tons, with the largest decline of 61.4% recorded that year. In 2019, imports saw the largest increase of 99.3%. In 2020, imports totalled 21.5 thousand tons, down by 29.1% from the previous year. Imports peaked in 2017 and were 2.6 times higher than in 2018.

Annual dynamics of product's imports to Central America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(61.4%)	99.3%	(29.1%)	(18.3%)

Source: SHEV.io

From 2017 to 2020, the United States (61.4% of imports in kind), Chile (3.6%), and Colombia (1.2%) were the primary suppliers of wood in the rough to Central America, jointly accounting for 66.2% 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 Central America in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year gain, wood in the rough deliveries to Central America declined. In 2019, imports reached their maximum at 19 981 thousand US dollars, with the largest increase of 17.0% recorded that year. In 2020, imports fell to 14 564 thousand US dollars, a sharp decrease of 27.1% from 2019. Over the period 2017-2020, imports decreased by 5.2%, with a compound annual growth rate of 1.8%.

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	11.1%	17.0%	(27.1%)	(1.8%)

Source: SHEV.io

From 2017 to 2020, the United States was the dominant supplier of wood in the rough to Central America, accounting for 84.0% of total imports in value terms, with other countries sharing the remaining volume.

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