| Product Code: ETC5405028 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s automotive import market saw a diverse range of countries contributing significantly in 2024, with China, UK, Japan, Thailand, and USA emerging as the top exporters. This diversification has led to a shift from high concentration in 2023 to moderate concentration in 2024, indicating a more balanced market landscape. The impressive compound annual growth rate (CAGR) of 8.96% from 2020 to 2024 highlights the market`s steady expansion. Moreover, the growth rate of 1.35% from 2023 to 2024 suggests a stable and sustainable growth trajectory for automotive import shipments in Guyana.

Guyana's Automotive market is anticipated to experience a exponential growth rate of 56.69% 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 Automotive Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Automotive Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Automotive Market - Industry Life Cycle |
3.4 Guyana Automotive Market - Porter's Five Forces |
3.5 Guyana Automotive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Guyana Automotive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Guyana |
4.2.2 Growing urbanization leading to higher demand for personal vehicles |
4.2.3 Government initiatives supporting the automotive industry in Guyana |
4.3 Market Restraints |
4.3.1 High import duties on automobiles in Guyana |
4.3.2 Limited availability of financing options for purchasing vehicles |
4.3.3 Lack of established infrastructure for electric vehicles in Guyana |
5 Guyana Automotive Market Trends |
6 Guyana Automotive Market Segmentations |
6.1 Guyana Automotive Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Automotive Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Guyana Automotive Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
6.1.4 Guyana Automotive Market Revenues & Volume, By Plug-In Hybrid Electric, 2021-2031F |
6.1.5 Guyana Automotive Market Revenues & Volume, By Mild Hybrid, 2021-2031F |
6.1.6 Guyana Automotive Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.7 Guyana Automotive Market Revenues & Volume, By Fuel Cell Electric, 2021-2031F |
6.1.9 Guyana Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
6.1.10 Guyana Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
7 Guyana Automotive Market Import-Export Trade Statistics |
7.1 Guyana Automotive Market Export to Major Countries |
7.2 Guyana Automotive Market Imports from Major Countries |
8 Guyana Automotive Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Guyana |
8.2 Percentage of population with access to vehicle financing options |
8.3 Number of charging stations for electric vehicles in Guyana |
9 Guyana Automotive Market - Opportunity Assessment |
9.1 Guyana Automotive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Guyana Automotive Market - Competitive Landscape |
10.1 Guyana Automotive Market Revenue Share, By Companies, 2024 |
10.2 Guyana Automotive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |