Market research

Wood in the rough market in Guatemala

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

The market for wood in the rough in Guatemala expanded from 13.98 million tonnes in 2018 to 16.92 million tonnes in 2023. The most significant growth occurred in 2022, when market volume increased by 9.5% to nearly 16.79 million tonnes. This jump was supported by the National Forest Institute (INAB) authorizing an average of 5.5 million cubic meters of wood for extraction that year, alongside the entry of new establishments dedicated to wood packaging treatment, which helped formalize and boost domestic supply.

Earlier growth in 2021, when the market rose by 4.7% to 15.34 million tonnes, coincided with INAB's promotion of sustainable forest management practices aimed at reducing deforestation and encouraging reforestation, helping to secure timber supply. After the strong 2022 expansion, the market essentially stabilized in 2023, increasing by less than 1% to 16.92 million tonnes.

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 Guatemala
  1. 5.1.1. Annual dynamics of production in Guatemala in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Guatemala 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 Guatemala in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, 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 Guatemala in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Guatemala 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 Guatemala, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Guatemala 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, t
    1. 6.2.2.1. Annual dynamics of product's exports from Guatemala in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, 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 Guatemala in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Guatemala 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 Guatemala, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Guatemala 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, t
    1. 7.1.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, 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 Guatemala in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Guatemala 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 Guatemala, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Guatemala 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, t
    1. 7.2.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, 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 Guatemala in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Guatemala 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 Guatemala, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Guatemala by countries, 2018-2024, $ 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, 2018-2024
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 Guatemala

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

Guatemala's production of wood in the rough has increased for the third consecutive year. In 2020, the country produced 14 684 thousand tons, representing a controlled gain of 3.1% compared to 2019. Over the period from 2017 to 2020, production grew by 6.5%, with an average annual growth rate of 2.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.6%	1.6%	3.1%	2.1%

Source: SHEV.io

Exports wood in the rough from Guatemala

Exports in kind, t

The market exhibited volatility during the observed period. From 2017 to 2019, exports reached their peak, with the highest volume recorded in 2019 at 97 773 tons, marking a substantial increase of 176.0% from the previous year. However, in 2020, exports declined sharply to 32 070 tons, reflecting a 67.2% year-over-year drop. The difference between the peak in 2019 and the lowest point in 2017 was 3.6 times.

Annual dynamics of product's exports from Guatemala in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	30.3%	176.0%	(67.2%)	5.6%

Source: SHEV.io

From 2017 to 2020, India dominated Guatemala's exports of wood in the rough, accounting for 73.4% of total flows. The remaining exports were distributed among a large number of minor partners.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Market performance showed noticeable fluctuations over the period. Exports peaked in 2019 at 12 718 thousand US dollars, an increase of 88.4% from the previous year. In 2020, exports fell to 5 262 thousand US dollars, a sharp reduction of 58.6% compared to 2019. The amplitude between the peak in 2019 and the trough in 2017 was 3 times.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	60.5%	88.4%	(58.6%)	7.7%

Source: SHEV.io

Between 2017 and 2020, India and China together accounted for 83.9% of Guatemala's total export value for wood in the rough. This high degree of concentration was accompanied by a long tail of smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood in the rough to Guatemala

Imports in kind, t

Guatemala's imports of wood in the rough declined for the third consecutive year. In 2020, imports totaled {value_last_year} tons, reflecting a drop of 52.3% year-over-year. Over the period from 2017 to 2020, imports decreased by 88.5%, with an average annual decline of 51.3%.

Annual dynamics of product's imports to Guatemala in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(68.0%)	(24.5%)	(52.3%)	(51.3%)

Source: SHEV.io

From 2017 to 2020, the United States and Honduras jointly absorbed 84.8% of Guatemala's total imports of wood in the rough in kind. The remaining volume was scattered across smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The volume of wood in the rough imports to Guatemala declined for the third consecutive year. In 2020, imports amounted to {value_last_year} thousand US dollars, corresponding to a sharp drop of 52.3% compared to 2019. Over the period from 2017 to 2020, imports decreased by 89.9%, with an average annual decline of 53.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(67.4%)	(34.7%)	(52.3%)	(53.4%)

Source: SHEV.io

Throughout 2017 to 2020, the United States and Honduras concentrated 87.1% of Guatemala's total import value for wood in the rough. The remaining share was distributed among other destinations with smaller individual contributions.

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

Source: SHEV.io

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

Source: SHEV.io