| Product Code: ETC7407858 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Guyana saw a shift in the concentration of automotive multi-wheel drive import shipments, moving from high concentration in 2023 to moderate concentration. The top countries exporting to Guyana include Switzerland, UK, China, Brazil, and Turkey, indicating a diverse source of imports. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period stands at a healthy 10.62%, reflecting a steady increase in demand for these vehicles in the Guyanese market. This data suggests a promising outlook for the automotive multi-wheel drive sector in Guyana.

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 Multi-Wheel Drive Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Automotive Multi-Wheel Drive Market - Industry Life Cycle |
3.4 Guyana Automotive Multi-Wheel Drive Market - Porter's Five Forces |
3.5 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.7 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume Share, By Wheel Drive Type, 2021 & 2031F |
4 Guyana Automotive Multi-Wheel Drive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for off-road vehicles in Guyana due to its varied terrain and climate conditions |
4.2.2 Government initiatives to improve infrastructure and promote tourism, leading to higher demand for multi-wheel drive vehicles |
4.2.3 Growing disposable income and changing consumer preferences towards more rugged and versatile vehicles |
4.3 Market Restraints |
4.3.1 High import duties and taxes on vehicles in Guyana, making multi-wheel drive vehicles more expensive for consumers |
4.3.2 Limited availability of financing options for purchasing vehicles, impacting the affordability of multi-wheel drive models |
4.3.3 Lack of skilled technicians and service centers for maintenance and repairs of multi-wheel drive vehicles in Guyana |
5 Guyana Automotive Multi-Wheel Drive Market Trends |
6 Guyana Automotive Multi-Wheel Drive Market, By Types |
6.1 Guyana Automotive Multi-Wheel Drive Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.1.5 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F |
6.2 Guyana Automotive Multi-Wheel Drive Market, By Transmission Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Manual MWD, 2021- 2031F |
6.2.3 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Automatic MWD, 2021- 2031F |
6.3 Guyana Automotive Multi-Wheel Drive Market, By Wheel Drive Type |
6.3.1 Overview and Analysis |
6.3.2 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Front-wheel Drive (FWD), 2021- 2031F |
6.3.3 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Rear-wheel Drive (RWD), 2021- 2031F |
6.3.4 Guyana Automotive Multi-Wheel Drive Market Revenues & Volume, By Four-wheel Drive (4WD)/All-wheel Drive (AWD), 2021- 2031F |
7 Guyana Automotive Multi-Wheel Drive Market Import-Export Trade Statistics |
7.1 Guyana Automotive Multi-Wheel Drive Market Export to Major Countries |
7.2 Guyana Automotive Multi-Wheel Drive Market Imports from Major Countries |
8 Guyana Automotive Multi-Wheel Drive Market Key Performance Indicators |
8.1 Average age of vehicles in operation in Guyana |
8.2 Number of off-road events and competitions in the country |
8.3 Percentage of vehicles equipped with advanced off-road technology |
8.4 Frequency of government investments in infrastructure development related to off-road capabilities |
8.5 Utilization rate of multi-wheel drive vehicles in key industries such as agriculture, mining, and tourism |
9 Guyana Automotive Multi-Wheel Drive Market - Opportunity Assessment |
9.1 Guyana Automotive Multi-Wheel Drive Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Guyana Automotive Multi-Wheel Drive Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.3 Guyana Automotive Multi-Wheel Drive Market Opportunity Assessment, By Wheel Drive Type, 2021 & 2031F |
10 Guyana Automotive Multi-Wheel Drive Market - Competitive Landscape |
10.1 Guyana Automotive Multi-Wheel Drive Market Revenue Share, By Companies, 2024 |
10.2 Guyana Automotive Multi-Wheel Drive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |