Market research

Wood in the rough market in Turks and Caicos Islands, 2026

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 Turks and Caicos Islands rose sharply from 2 798 t in 2018 to 8 152 t in 2023. This near-tripling was primarily driven by a surge in imports, which increased from 2 028 t to 7 318 t, while domestic production grew modestly from 770 t to 834 t.

Growth was uneven across the period, with a steep increase in 2019 followed by a contraction in 2020. The market resumed strong expansion in 2021, maintained moderate growth in 2022, and accelerated again in 2023, reflecting volatile import dynamics against a backdrop of stable local output.

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 Turks and Caicos Islands
  1. 5.1.1. Annual dynamics of production in Turks and Caicos Islands in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Turks and Caicos Islands 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. 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 Turks and Caicos Islands in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Turks and Caicos Islands 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 Turks and Caicos Islands in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Turks and Caicos Islands 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 Turks and Caicos Islands, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Turks and Caicos Islands 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 Turks and Caicos Islands in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Turks and Caicos Islands 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 Turks and Caicos Islands in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Turks and Caicos Islands 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 Turks and Caicos Islands, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Turks and Caicos Islands by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production wood in the rough in Turks and Caicos Islands

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 Turks and Caicos Islands has increased for the third consecutive year. In 2020, production reached 787.8 t, showing a slight rise of 1.2% compared to the previous year. Over the period from 2017 to 2020, production grew by 3.4%, with a compound annual growth rate of 1.1%.

Annual dynamics of production in Turks and Caicos Islands in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.1%	1.1%	1.2%	1.1%

Source: SHEV.io

Exports wood in the rough from Turks and Caicos Islands

Exports in kind, t

Annual dynamics of product's exports from Turks and Caicos Islands in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, the Netherlands was the key partner for exports in kind, accounting for 100.0% of total flows.

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

Source: SHEV.io

World map of product's exports from Turks and Caicos Islands in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Turks and Caicos Islands in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, the country structure of exports in value terms was highly concentrated, with the Netherlands alone accounting for 100.0% of total flows.

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

Source: SHEV.io

World map of product's exports from Turks and Caicos Islands in value, 2017-2020

Source: SHEV.io

Imports wood in the rough to Turks and Caicos Islands

Imports in kind, t

The market showed signs of volatility over the observed period. Imports peaked in 2017 and reached their lowest point in 2018, with a 4.2-fold difference between these years. In 2020, wood in the rough shipments to the Turks and Caicos Islands from abroad totaled 2 837 t, representing a solid drop of 14.9% compared to 2019. The minimum value was recorded in 2018 at 2 028 t. The largest decline occurred in 2018, at 76.1%, while the largest increase was in 2019, at 64.4%.

Annual dynamics of product's imports to Turks and Caicos Islands in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(76.1%)	64.4%	(14.9%)	(30.6%)

Source: SHEV.io

Throughout 2017 to 2020, the Central African Republic and the United States remained the primary suppliers of wood in the rough to the Turks and Caicos Islands, with a combined share of 86.7% of total imports in kind, while other countries accounted for the remainder.

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

Source: SHEV.io

World map of product's imports to Turks and Caicos Islands in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. From the low in 2018 to the high in 2019, volumes varied 2.3 times. In 2020, the volume of wood in the rough imports to the Turks and Caicos Islands amounted to 782.9 K $ US, showing a significant decrease of 16.2% compared to 2019. The minimum value was recorded in 2018 at 401.2 K $ US, and the maximum value was in 2019 at 934.5 K $ US. The largest decline occurred in 2018, at 50.8%, while the largest increase was in 2019, at 132.9%.

Annual dynamics of product's imports to Turks and Caicos Islands in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(50.8%)	132.9%	(16.2%)	(1.4%)

Source: SHEV.io

From 2017 to 2020, the country structure of imports in value terms was strongly concentrated on the United States and the Central African Republic, which together accounted for 85.4% of total flows, with other partners forming a residual portion.

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

Source: SHEV.io

World map of product's imports to Turks and Caicos Islands in value, 2017-2020

Source: SHEV.io