| Product Code: ETC4808656 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s import of ammonium nitrate saw a significant surge in 2024, with top exporting countries including Panama, Colombia, Mexico, Peru, and Russia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 126.71%, while the growth rate from 2023 to 2024 spiked to a remarkable 414.59%. This data suggests a strong demand for ammonium nitrate in Guyana, with key suppliers continuing to dominate the market.

Guyana's Ammonium Nitrate market is anticipated to experience a exponential growth rate of 54.62% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Ammonium Nitrate Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Ammonium Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Ammonium Nitrate Market - Industry Life Cycle |
3.4 Guyana Ammonium Nitrate Market - Porter's Five Forces |
3.5 Guyana Ammonium Nitrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Guyana Ammonium Nitrate Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Guyana Ammonium Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for fertilizers in agriculture sector |
4.2.2 Increase in mining activities that require explosives made from ammonium nitrate |
4.2.3 Government initiatives to boost agricultural productivity and infrastructure development |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use and handling of ammonium nitrate |
4.3.2 Fluctuating prices of raw materials for ammonium nitrate production |
4.3.3 Environmental concerns and safety risks associated with the use of ammonium nitrate |
5 Guyana Ammonium Nitrate Market Trends |
6 Guyana Ammonium Nitrate Market Segmentations |
6.1 Guyana Ammonium Nitrate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Guyana Ammonium Nitrate Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.1.3 Guyana Ammonium Nitrate Market Revenues & Volume, By Explosives, 2021-2031F |
6.1.4 Guyana Ammonium Nitrate Market Revenues & Volume, By Other? , 2021-2031F |
6.2 Guyana Ammonium Nitrate Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Guyana Ammonium Nitrate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Guyana Ammonium Nitrate Market Revenues & Volume, By Mining, 2021-2031F |
6.2.4 Guyana Ammonium Nitrate Market Revenues & Volume, By Defence, 2021-2031F |
6.2.5 Guyana Ammonium Nitrate Market Revenues & Volume, By Other? , 2021-2031F |
7 Guyana Ammonium Nitrate Market Import-Export Trade Statistics |
7.1 Guyana Ammonium Nitrate Market Export to Major Countries |
7.2 Guyana Ammonium Nitrate Market Imports from Major Countries |
8 Guyana Ammonium Nitrate Market Key Performance Indicators |
8.1 Average selling price of ammonium nitrate |
8.2 Number of new agricultural projects utilizing ammonium nitrate |
8.3 Investment in infrastructure projects requiring explosives like ammonium nitrate |
9 Guyana Ammonium Nitrate Market - Opportunity Assessment |
9.1 Guyana Ammonium Nitrate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Guyana Ammonium Nitrate Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Guyana Ammonium Nitrate Market - Competitive Landscape |
10.1 Guyana Ammonium Nitrate Market Revenue Share, By Companies, 2024 |
10.2 Guyana Ammonium Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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