Market research

Wood in the rough market in Peru

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Peruvian market for wood in the rough started the period with growth, reaching a peak of 5 596 thousand tonnes in 2019. This initial expansion was supported by a tax reform implemented in 2017, which introduced a 5% VAT rate on rough wood and granted income tax exemptions for new timber plantations valid until 2036. These measures aimed to curb illegality and incentivize sustainable production, contributing to increased market volumes in the early years.

Market volume contracted sharply in 2020, falling to 4 750 thousand tonnes. A recovery followed over the next three years, with the market gradually rising to 5 333 thousand tonnes by 2023, indicating a return to stabilization near pre-2020 levels.

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 Peru
  1. 5.1.1. Annual dynamics of production in Peru in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Peru 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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Peru, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Peru by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Peru in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Peru by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Peru in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Peru by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Peru, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Peru by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Peru in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Peru by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Peru in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Peru by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Peru, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Peru 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 Peru

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

Peru produced 4 734 thousand tonnes of wood in the rough in 2020, marking a 15.1% decrease compared to the previous year. From 2017 to 2020, production fell by 12%, with an average annual decline of 4.2%. The highest production level was recorded in 2019 at 5 576 thousand tonnes, which also saw the largest annual increase of 4.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.3%)	4.0%	(15.1%)	(4.2%)

Source: SHEV.io

Exports wood in the rough from Peru

Exports in kind, t

After two consecutive years of growth, Peru's exports of wood in the rough declined in 2020. Exports totaled 67 tonnes, representing a sharp year-over-year drop of 58.7%. Over the 2017-2020 period, exports decreased by 27%, with an average annual decline of 9.9%. The peak export volume was 163 tonnes in 2019, which also experienced the largest annual increase of 53.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	15.3%	53.2%	(58.7%)	(9.9%)

Source: SHEV.io

Between 2017 and 2020, China and Vietnam were the two leading markets for Peru's wood in the rough exports, together accounting for 87.3% of total export volume. The remaining exports were distributed across a diverse range of other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Peru's wood in the rough exports increased for the third consecutive year in 2020, reaching 156 thousand US dollars. This represents a significant year-over-year rise of 44.8%. From 2017 to 2020, export value grew by 169.2%, with an average annual growth rate of 39.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	64.0%	13.4%	44.8%	39.1%

Source: SHEV.io

From 2017 to 2020, China, the United States, and Vietnam formed the core group of markets for Peru's wood in the rough exports in value terms. China accounted for 41.8% of export value, the United States for 26.7%, and Vietnam for 6.1%. Together, these three markets represented 74.6% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood in the rough to Peru

Imports in kind, t

Import volumes showed considerable volatility during this period. Peru imported 15 783 tonnes of wood in the rough in 2020, a 23.5% decrease from the previous year. The lowest import volume was recorded in 2017, while the peak occurred in 2018 at 30 716 tonnes, representing a 2.1-fold difference between these years. The largest annual decline of 32.8% occurred in 2019, while 2018 saw the largest increase of 110.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	110.8%	(32.8%)	(23.5%)	2.7%

Source: SHEV.io

Between 2017 and 2020, Chile and the United States consistently dominated Peru's wood in the rough imports, together accounting for 98.6% of total import volume. This high concentration was accompanied by a long tail of smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Import values exhibited noticeable fluctuations during this period. Peru imported 10 488 thousand US dollars worth of wood in the rough in 2020, indicating a dramatic 29.8% decline compared to the previous year. The lowest import value was recorded in 2017, while the peak occurred in 2018 at 15 984 thousand US dollars, representing a two-fold difference between these years. The largest annual increase of 97.5% was recorded in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	97.5%	(6.5%)	(29.8%)	9.0%

Source: SHEV.io

From 2017 to 2020, the United States and Chile were the dominant sources for Peru's wood in the rough imports in value terms, jointly accounting for 95.1% of total import flows. The remaining imports were distributed among various smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io