| Product Code: ETC5221222 | 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 asphalt import market in 2024 saw a notable shift in the top exporting countries, with Eswatini, India, Barbados, Saint Lucia, and Guatemala taking the lead. The market concentration, as measured by the HHI, remained high in 2024 after a very high concentration in 2023. The impressive compound annual growth rate (CAGR) of 97.15% from 2020 to 2024 indicates a rapidly expanding market. However, the negative growth rate of -18.84% from 2023 to 2024 suggests a recent slowdown in the pace of growth, which could be influenced by various factors impacting the industry.

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 Asphalt Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Asphalt Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Asphalt Market - Industry Life Cycle |
3.4 Guyana Asphalt Market - Porter's Five Forces |
3.5 Guyana Asphalt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Asphalt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Asphalt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Guyana |
4.2.2 Growth in the construction industry |
4.2.3 Government investments in road construction and maintenance |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental concerns related to asphalt production |
4.3.3 Competition from alternative road construction materials |
5 Guyana Asphalt Market Trends |
6 Guyana Asphalt Market Segmentations |
6.1 Guyana Asphalt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Asphalt Market Revenues & Volume, By Paving Petroleum Asphalt, 2021-2031F |
6.1.3 Guyana Asphalt Market Revenues & Volume, By Industrial Petroleum Asphalt, 2021-2031F |
6.1.4 Guyana Asphalt Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guyana Asphalt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Asphalt Market Revenues & Volume, By Paving, 2021-2031F |
6.2.3 Guyana Asphalt Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Guyana Asphalt Market Revenues & Volume, By Others, 2021-2031F |
7 Guyana Asphalt Market Import-Export Trade Statistics |
7.1 Guyana Asphalt Market Export to Major Countries |
7.2 Guyana Asphalt Market Imports from Major Countries |
8 Guyana Asphalt Market Key Performance Indicators |
8.1 Average selling price of asphalt in Guyana |
8.2 Number of infrastructure projects using asphalt |
8.3 Percentage of government budget allocated to road construction |
8.4 Demand for asphalt recycling technology |
8.5 Investment in research and development for sustainable asphalt production |
9 Guyana Asphalt Market - Opportunity Assessment |
9.1 Guyana Asphalt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Asphalt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Asphalt Market - Competitive Landscape |
10.1 Guyana Asphalt Market Revenue Share, By Companies, 2024 |
10.2 Guyana Asphalt 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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