Guatemala: Sawnwood (Non-Coniferous) Market 2025

Sawnwood (Non-Coniferous) Market Size in Guatemala

The Guatemalan sawnwood (non-coniferous) market rose to $X in 2022, with an increase of 1.7% against the previous year. Overall, consumption continues to indicate a noticeable decline. Sawnwood (non-coniferous) consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Production in Guatemala

In value terms, sawnwood (non-coniferous) production totaled $X in 2022 estimated in export price. Overall, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2013 with an increase of 97%. Sawnwood (non-coniferous) production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Sawnwood (Non-Coniferous) Exports

Exports from Guatemala

In 2022, overseas shipments of sawnwood (non-coniferous) increased by 20% to X cubic meters, rising for the second year in a row after three years of decline. Over the period under review, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 47%. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) exports skyrocketed to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 42%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X cubic meters), Honduras (X cubic meters) and El Salvador (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from Guatemala, together comprising 75% of total exports. China, India and the Dominican Republic lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +21.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for sawnwood (non-coniferous) exports from Guatemala, comprising 62% of total exports. The second position in the ranking was held by Honduras ($X), with a 15% share of total exports. It was followed by El Salvador, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+19.7% per year) and El Salvador (+7.0% per year).

Export Prices by Country

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, growing by 11% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (non-coniferous) export price increased by +94.3% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 39%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to India ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Guatemala

In 2022, sawnwood (non-coniferous) imports into Guatemala declined to X cubic meters, approximately mirroring the previous year. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports attained the peak of X cubic meters, leveling off in the following year.

In value terms, sawnwood (non-coniferous) imports soared to $X in 2022. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest sawnwood (non-coniferous) supplier to Guatemala, with a 76% share of total imports. Moreover, sawnwood (non-coniferous) imports from the United States exceeded the figures recorded by the second-largest supplier, China (X cubic meters), sixfold. France (X cubic meters) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+72.8% per year) and France (0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of sawnwood (non-coniferous) to Guatemala, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+115.0% per year) and France (0.0% per year).

Import Prices by Country

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, rising by 47% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (non-coniferous) import price increased by +73.1% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform