Market research

Wood in the rough market in the Bahamas

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 volume for wood in the rough in the Bahamas expanded from 33 317 t in 2018 to 33 518 t in 2023. This growth was not linear, with a temporary contraction to 33 115 t in 2020 followed by a recovery in the subsequent years.

Domestic production rose consistently throughout the period, reaching 33 196 t by 2023. Imports displayed greater variability, plummeting from 353 t in 2019 to 28 t in 2020 before rebounding to 322 t in 2023.

For 2024, import volumes held steady at 327 t. The year saw the publication of updated customs import brochures by the Bahamas Customs & Excise Department, which could influence import procedures for wood products. Broader economic growth, including a 6% increase in exports of goods and services and rising household consumption, provided a supportive environment for the market.

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 the Bahamas
  1. 5.1.1. Annual dynamics of production in the Bahamas in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in the Bahamas 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, 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, 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 the Bahamas in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from the Bahamas 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from the Bahamas, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from the Bahamas by countries, 2018-2024, $ US/kg
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 the Bahamas in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from the Bahamas 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from the Bahamas, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from the Bahamas by countries, 2018-2024, $ US/kg
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 the Bahamas in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to the Bahamas 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
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 the Bahamas in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to the Bahamas 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 the Bahamas in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to the Bahamas 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
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 the Bahamas

In kind, 2017-2020, 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 the Bahamas increased for the third consecutive year. In 2020, production remained stable at 33,088 tonnes compared to 2019.

Annual dynamics of production in the Bahamas in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.1%	0.1%	0.1%	0.1%

Source: SHEV.io

Exports wood in the rough from the Bahamas

Exports in kind, t

The market showed significant volatility during this period. Exports reached their lowest point in 2018 at 0.5 tonnes, then increased by 27.6% to 0.6 tonnes in 2019. The peak occurred in 2017, with a 14.4-fold difference between the highest and lowest years. The most substantial decline was recorded in 2018 at 93.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(93.1%)	27.6%	n/a	-

Source: SHEV.io

From 2017 to 2020, Italy and the United States dominated exports in kind, together accounting for 99.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market exhibited considerable volatility during these years. Exports bottomed in 2018 at 4,000 US dollars, then rose sharply by 38.5% to 6,000 US dollars in 2019. The peak was in 2017, with a 12-fold difference between the highest and lowest years. The largest decline occurred in 2018 at 91.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(91.7%)	38.5%	n/a	-

Source: SHEV.io

Throughout 2017–2020, Italy and the United States were the primary destinations for exports in value terms, jointly representing 99.8% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood in the rough to the Bahamas

Imports in kind, t

The market experienced notable volatility during this period. Imports reached their maximum in 2019 at 353.3 tonnes, then fell by 92.2% to 27.7 tonnes in 2020. The lowest point was in 2020, with a 12.8-fold difference between the peak and trough. The largest increase was recorded in 2018 at 129.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	129.6%	23.8%	(92.2%)	(39.4%)

Source: SHEV.io

From 2017 to 2020, the United States was the key partner for imports in kind, accounting for 98.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The market displayed significant volatility during these years. Imports peaked in 2019 at 1,490,000 US dollars, then dropped by 95.6% to approximately 65,000 US dollars in 2020. The minimum was in 2020, with a 23-fold shift between the highest and lowest years. The largest increase occurred in 2019 at 75.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.9%)	75.6%	(95.6%)	(59.5%)

Source: SHEV.io

During 2017–2020, the United States was the nearly exclusive supplier of wood in the rough to the Bahamas, representing 98.1% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io