Report Update Jan 1, 2025

Guatemala - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Wood Pellets Market 2025

Wood Pellets Market Size in Guatemala

In 2022, the Guatemalan wood pellets market decreased by -4.8% to $X for the first time since 2014, thus ending a seven-year rising trend. In general, consumption, however, enjoyed resilient growth. Wood pellets consumption peaked at $X in 2021, and then contracted in the following year.

Wood Pellets Production in Guatemala

In value terms, wood pellets production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 45%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Wood Pellets Exports

Exports from Guatemala

For the third consecutive year, Guatemala recorded growth in overseas shipments of wood pellets, which increased by 21% to X tons in 2014. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 89% against the previous year. Over the period under review, the exports hit record highs in 2014 and are likely to see steady growth in the near future.

In value terms, wood pellets exports reached $X in 2014. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 186% against the previous year. Over the period under review, the exports hit record highs in 2014 and are expected to retain growth in the immediate term.

Exports by Country

Costa Rica (X tons) was the main destination for wood pellets exports from Guatemala, accounting for a approx. 100% share of total exports.

From 2012 to 2014, the average annual rate of growth in terms of volume to Costa Rica totaled +51.6%.

In value terms, Costa Rica ($X) also remains the key foreign market for wood pellets exports from Guatemala.

From 2012 to 2014, the average annual rate of growth in terms of value to Costa Rica amounted to +85.8%.

Export Prices by Country

The average wood pellets export price stood at $X per ton in 2014, with a decrease of -11.5% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2014: its price increased at an average annual rate of +15.8% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, wood pellets export price increased by +34.1% against 2012 indices. The growth pace was the most rapid in 2013 an increase of 52% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2014, the rate of growth in terms of prices for Costa Rica amounted to +22.5% per year.

Wood Pellets Imports

Imports into Guatemala

In 2022, overseas purchases of wood pellets decreased by -11.6% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 403%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, wood pellets imports soared to $X in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 507%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) was the main wood pellets supplier to Guatemala, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +53.4%.

In value terms, Germany ($X) constituted the largest supplier of wood pellets to Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +83.0%.

Import Prices by Country

In 2022, the average wood pellets import price amounted to $X per ton, with an increase of 114% against the previous year. Overall, the import price enjoyed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +22.3% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the wood pellets market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1693 - Wood pellets

Country coverage:

Guatemala

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Guatemala
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024