Market research

Wood pellets market in Costa Rica

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 pellets in Costa Rica increased from 20 811 tonnes in 2018 to 22 153 tonnes in 2020, then saw a modest decline to 21 357 tonnes in 2022 before reaching 22 104 tonnes in 2023. Domestic production remained steady at 22 172 tonnes annually over this period.

The local wood pellet industry utilizes sawmill waste like chips, sawdust, and shavings as its primary raw material. Based on forest residues from species such as Cypress and Teak, the market is in an early development stage with potential for growth in renewable energy production.

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

In kind, 2017-2020, t

Top producers of wood pellets, 2017-2020

Source: SHEV.io

World map of production of wood pellets, 2017-2020

Source: SHEV.io

In 2020, Costa Rica produced 22 172 tonnes of wood pellets, showing minimal change from the previous year. The lowest production level was recorded in 2018 at 22 172 tonnes. The largest decline occurred in 2018 with a 0.1% decrease, while the largest increase was in 2019 at 0.0%.

Annual dynamics of production in Costa Rica in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.1%)	-	-	(0.0%)

Source: SHEV.io

Exports wood pellets from Costa Rica

Exports in kind, t

Costa Rica's wood pellet export volume declined for the second consecutive year. In 2020, exports stood at 19 tonnes, marking a sharp drop of 95.4% compared to the previous year. From 2018 to 2020, exports decreased by 98.6%, with a compound annual growth rate (CAGR) of 75.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(69.1%)	(95.4%)	-

Source: SHEV.io

Between 2017 and 2020, Costa Rica's wood pellet exports were almost exclusively directed to the Dominican Republic, which accounted for 98.8% of total exports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Costa Rica's wood pellet export value declined for the second year in a row. In 2020, exports amounted to 15.9 thousand US dollars, representing a steep year-over-year decrease of 86.1%. Between 2018 and 2020, exports fell by 95.6%, equating to an annualized rate of 64.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(68.3%)	(86.1%)	-

Source: SHEV.io

From 2017 to 2020, the Dominican Republic dominated Costa Rica's export structure in value terms, holding a 96.1% share of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood pellets to Costa Rica

Imports in kind, t

The data shows irregular changes, indicating a volatile market environment. Imports peaked in 2017 and fell to their lowest point in 2018, with a fluctuation of 169 times between these years. In 2019, Costa Rica's cross-border shipments of wood pellets reached 2 tonnes, a sharp increase of 163.2% year-over-year. The minimum value was recorded in 2018 at 1 tonne, with the largest decline that year at 99.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.4%)	163.2%	n/a	-

Source: SHEV.io

Between 2017 and 2020, Belgium served as the primary source for wood pellet imports to Costa Rica, consistently accounting for 99.4% of total imports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Costa Rica's wood pellet import value declined for the second consecutive year. In 2019, imports totaled 0.2 thousand US dollars, which is 82.2% lower than the previous year. From 2017 to 2019, imports decreased by 98.7%, with a compound annual growth rate (CAGR) of 76.6%.

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