| Product Code: ETC7407065 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, Guyana`s appliances import market continued to show strong overall growth with a CAGR of 19.01% from 2020 to 2024. The top exporting countries to Guyana in 2024 include Mexico, USA, China, Hong Kong, and Panama, indicating a diverse source of imported appliances. However, the high Herfindahl-Hirschman Index (HHI) concentration suggests that a few major players dominate the market. This data highlights the evolving landscape of Guyana`s appliances import sector, with potential opportunities for market expansion and diversification.

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 Appliances Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Appliances Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Appliances Market - Industry Life Cycle |
3.4 Guyana Appliances Market - Porter's Five Forces |
3.5 Guyana Appliances Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Guyana Appliances Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Guyana leading to higher purchasing power for appliances. |
4.2.2 Growing urbanization and modernization in Guyana driving the demand for appliances. |
4.2.3 Technological advancements in appliances leading to the adoption of smart and energy-efficient products. |
4.3 Market Restraints |
4.3.1 High import tariffs on appliances impacting pricing and affordability for consumers. |
4.3.2 Limited availability of skilled labor for installation and maintenance of appliances. |
4.3.3 Lack of awareness and education about the benefits of energy-efficient appliances. |
5 Guyana Appliances Market Trends |
6 Guyana Appliances Market, By Types |
6.1 Guyana Appliances Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Guyana Appliances Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Guyana Appliances Market Revenues & Volume, By Home Appliances, 2021- 2031F |
6.1.4 Guyana Appliances Market Revenues & Volume, By Personal Care Appliances, 2021- 2031F |
6.1.5 Guyana Appliances Market Revenues & Volume, By Smartphones, 2021- 2031F |
6.1.6 Guyana Appliances Market Revenues & Volume, By Others, 2021- 2031F |
7 Guyana Appliances Market Import-Export Trade Statistics |
7.1 Guyana Appliances Market Export to Major Countries |
7.2 Guyana Appliances Market Imports from Major Countries |
8 Guyana Appliances Market Key Performance Indicators |
8.1 Household electrification rate in Guyana. |
8.2 Percentage of households using energy-efficient appliances. |
8.3 Average household spending on appliances in Guyana. |
9 Guyana Appliances Market - Opportunity Assessment |
9.1 Guyana Appliances Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Guyana Appliances Market - Competitive Landscape |
10.1 Guyana Appliances Market Revenue Share, By Companies, 2024 |
10.2 Guyana Appliances 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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