Earlier Report Observations
From 2018 to 2019, the market volume for wood in the rough in Guyana increased from 704 thousand tonnes to 735 thousand tonnes. This growth was primarily driven by strong demand for construction materials due to rapid demographic growth in the country. Support from the state forestry office ONF, including direct sales of harvested logs to sawmills and a freeze on standing timber prices, helped the sector meet this demand. The adoption of digital tools and low-impact logging techniques also improved operational efficiency.
The market stabilized at around 724 thousand tonnes in 2020 as the COVID-19 pandemic affected activities, though government support measures mitigated a sharper decline. A subsequent focus on sustainable forest management and training in eco-friendly practices coincided with a slight decrease to 718 thousand tonnes in 2021. Despite ONF's 2022 announcement to cap annual investments at €2 million, which raised concerns about future forest road maintenance and sector viability, market volume grew to 750 thousand tonnes in 2022 and reached 765 thousand tonnes in 2023, sustained by ongoing construction demand and earlier investments in the sector.
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, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 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 Guyana
- 5.1.1. Annual dynamics of production in Guyana in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Guyana 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, K 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, K 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 Guyana
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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 Guyana in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
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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 Guyana in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
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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 Guyana in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Guyana in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Guyana by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
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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 Guyana in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Guyana in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Guyana by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
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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, 2018-2025
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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 Guyana
In kind, 2018-2021, K t
Top producers of wood in the rough, 2018-2021
World map of production of wood in the rough, 2018-2021
Guyana's production of wood in the rough declined for the third consecutive year. In 2021, the country produced 727.8 thousand tonnes, which represents a 1.3% decrease compared to 2020.
Annual dynamics of production in Guyana in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.3%) | (0.3%) | (1.3%) | (0.6%) |
Exports wood in the rough from Guyana
Exports in kind, t
The market demonstrated significant volatility during the observed period. Exports reached their lowest point in 2019 at 5,081 tonnes, then surged by 164.0% in 2020, before falling sharply by 26.8% in 2021 to 9,816 tonnes. Overall, exports fluctuated 7.5-fold between their peak in 2018 and trough in 2019, with the most substantial decline of 86.6% occurring in 2019.
Annual dynamics of product's exports from Guyana in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (86.6%) | 164.0% | (26.8%) | (36.2%) |
From 2018 to 2021, China remained the dominant and nearly exclusive destination for Guyana's wood in the rough exports, accounting for 91.3% of total shipments.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Guyana in kind, 2018-2021
Exports in value, K $ US
Market behavior was characterized by volatility throughout these years. Export values dropped to their minimum in 2019 at 760 thousand US dollars, then rebounded by 145.1% in 2020, before declining by 14.7% in 2021 to 1,589 thousand US dollars. The overall fluctuation between 2018 and 2019 was 4.9-fold, with the largest decrease of 79.7% recorded in 2019.
Annual dynamics of product's exports from Guyana in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (79.7%) | 145.1% | (14.7%) | (24.9%) |
During the 2018–2021 period, China continued to be the primary destination for Guyana's wood in the rough exports in value terms, representing 79.9% of total flows, while the remainder was distributed across other markets.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Guyana in value, 2018-2021
Imports wood in the rough to Guyana
Imports in kind, t
The data reveals irregular changes, pointing to a volatile market environment. Imports hit their lowest level in 2020 at 0.1 tonnes, then increased dramatically by 587.0% in 2021 to 0.3 tonnes. Overall, imports varied 108-fold between their maximum in 2019 and minimum in 2020, with the most significant decline of 99.1% occurring in 2020.
Annual dynamics of product's imports to Guyana in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (99.1%) | 587.0% | - |
Between 2018 and 2021, imports of wood in the rough to Guyana were highly concentrated, with Trinidad and Tobago accounting for 93.0% of total shipments.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Guyana in kind, 2018-2021
Imports in value, K $ US
The market showed an unstable trend over this timeframe. Import values fell to their minimum in 2020 at 0.1 thousand US dollars, then rose sharply by 650.9% in 2021 to 0.4 thousand US dollars. Overall, imports fluctuated 289-fold between the high in 2019 and low in 2020, with the largest decrease of 99.7% recorded in 2020.
Annual dynamics of product's imports to Guyana in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (99.7%) | 650.9% | - |
From 2018 to 2021, imports of wood in the rough to Guyana in value terms were almost entirely linked to Trinidad and Tobago, which represented 95.8% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Guyana in value, 2018-2021
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