| Product Code: ETC5889927 | 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 |
In 2024, Guyana`s automotive tires import market continued to show strong growth, with key exporting countries such as China, Costa Rica, UK, USA, and Netherlands playing significant roles. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive dynamics. With a Compound Annual Growth Rate (CAGR) of 2.95% from 2020 to 2024 and a growth rate of 3.71% from 2023 to 2024, the market is steadily expanding. This suggests opportunities for both domestic and international players to capitalize on the growing demand for automotive tires 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 Tires Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Automotive Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Automotive Tires Market - Industry Life Cycle |
3.4 Guyana Automotive Tires Market - Porter's Five Forces |
3.5 Guyana Automotive Tires Market Revenues & Volume Share, By Section Width, 2021 & 2031F |
3.6 Guyana Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Guyana Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Guyana Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.9 Guyana Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.10 Guyana Automotive Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.11 Guyana Automotive Tires Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
4 Guyana Automotive Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle ownership in Guyana |
4.2.2 Growth in the automotive industry in Guyana |
4.2.3 Expansion of road infrastructure in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative modes of transportation |
4.3.3 Economic instability affecting consumer spending on automotive tires |
5 Guyana Automotive Tires Market Trends |
6 Guyana Automotive Tires Market Segmentations |
6.1 Guyana Automotive Tires Market, By Section Width |
6.1.1 Overview and Analysis |
6.1.2 Guyana Automotive Tires Market Revenues & Volume, By <200MM, 2021-2031F |
6.1.3 Guyana Automotive Tires Market Revenues & Volume, By 200-230MM, 2021-2031F |
6.1.4 Guyana Automotive Tires Market Revenues & Volume, By >230MM, 2021-2031F |
6.2 Guyana Automotive Tires Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana Automotive Tires Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Guyana Automotive Tires Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2.4 Guyana Automotive Tires Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.3 Guyana Automotive Tires Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Guyana Automotive Tires Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 Guyana Automotive Tires Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.3.4 Guyana Automotive Tires Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.4 Guyana Automotive Tires Market, By Aspect Ratio |
6.4.1 Overview and Analysis |
6.4.2 Guyana Automotive Tires Market Revenues & Volume, By <60, 2021-2031F |
6.4.3 Guyana Automotive Tires Market Revenues & Volume, By 60-70, 2021-2031F |
6.4.4 Guyana Automotive Tires Market Revenues & Volume, By >70, 2021-2031F |
6.5 Guyana Automotive Tires Market, By Aspect Ratio |
6.5.1 Overview and Analysis |
6.5.2 Guyana Automotive Tires Market Revenues & Volume, By <60, 2021-2031F |
6.5.3 Guyana Automotive Tires Market Revenues & Volume, By 60-70, 2021-2031F |
6.5.4 Guyana Automotive Tires Market Revenues & Volume, By >70, 2021-2031F |
6.6 Guyana Automotive Tires Market, By Type |
6.6.1 Overview and Analysis |
6.6.2 Guyana Automotive Tires Market Revenues & Volume, By Radial, 2021-2031F |
6.6.3 Guyana Automotive Tires Market Revenues & Volume, By Bias, 2021-2031F |
6.7 Guyana Automotive Tires Market, By Rim Size |
6.7.1 Overview and Analysis |
6.7.2 Guyana Automotive Tires Market Revenues & Volume, By 13"-15? ?, 2021-2031F |
6.7.3 Guyana Automotive Tires Market Revenues & Volume, By 16"-18? ?, 2021-2031F |
6.7.4 Guyana Automotive Tires Market Revenues & Volume, By >21", 2021-2031F |
6.7.5 Guyana Automotive Tires Market Revenues & Volume, By >21", 2021-2031F |
6.8 Guyana Automotive Tires Market, By Season |
6.8.1 Overview and Analysis |
6.8.2 Guyana Automotive Tires Market Revenues & Volume, By Summer, 2021-2031F |
6.8.3 Guyana Automotive Tires Market Revenues & Volume, By Winter, 2021-2031F |
6.8.4 Guyana Automotive Tires Market Revenues & Volume, By , 2021-2031F |
7 Guyana Automotive Tires Market Import-Export Trade Statistics |
7.1 Guyana Automotive Tires Market Export to Major Countries |
7.2 Guyana Automotive Tires Market Imports from Major Countries |
8 Guyana Automotive Tires Market Key Performance Indicators |
8.1 Average age of vehicles in Guyana |
8.2 Number of new vehicle registrations |
8.3 Rate of urbanization in Guyana |
8.4 Average distance traveled per vehicle in Guyana |
8.5 Government infrastructure spending in road construction and maintenance |
9 Guyana Automotive Tires Market - Opportunity Assessment |
9.1 Guyana Automotive Tires Market Opportunity Assessment, By Section Width, 2021 & 2031F |
9.2 Guyana Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Guyana Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Guyana Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
9.5 Guyana Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
9.6 Guyana Automotive Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
9.7 Guyana Automotive Tires Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
9.7 Guyana Automotive Tires Market Opportunity Assessment, By Season, 2021 & 2031F |
10 Guyana Automotive Tires Market - Competitive Landscape |
10.1 Guyana Automotive Tires Market Revenue Share, By Companies, 2024 |
10.2 Guyana Automotive Tires 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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