| Product Code: ETC5353424 | 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 compressed natural gas import market saw significant growth in 2024, with top exporting countries being the UK, USA, Trinidad and Tobago, and Norway. The market concentration, as measured by the HHI, remained very high, indicating a competitive landscape. The impressive CAGR of 17.23% from 2020 to 2024 highlights the increasing demand for compressed natural gas in Guyana. Moreover, the remarkable growth rate of 1064.92% from 2023 to 2024 signifies a rapid acceleration in import shipments, reflecting the country`s growing reliance on this energy source.

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 Compressed Natural Gas Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Compressed Natural Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Compressed Natural Gas Market - Industry Life Cycle |
3.4 Guyana Compressed Natural Gas Market - Porter's Five Forces |
3.5 Guyana Compressed Natural Gas Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Guyana Compressed Natural Gas Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Guyana Compressed Natural Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for the adoption of compressed natural gas (CNG) in Guyana |
4.2.2 Growing awareness about the environmental benefits of CNG as a cleaner alternative to traditional fuels |
4.2.3 Rising focus on reducing transportation costs and improving energy security through the use of CNG |
4.3 Market Restraints |
4.3.1 Limited infrastructure for CNG refueling stations in Guyana |
4.3.2 High initial investment costs associated with transitioning to CNG vehicles |
4.3.3 Dependence on imports for CNG equipment and technology due to the underdeveloped local CNG industry |
5 Guyana Compressed Natural Gas Market Trends |
6 Guyana Compressed Natural Gas Market Segmentations |
6.1 Guyana Compressed Natural Gas Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Guyana Compressed Natural Gas Market Revenues & Volume, By Associated Gas, 2021-2031F |
6.1.3 Guyana Compressed Natural Gas Market Revenues & Volume, By Non Associated Gas, 2021-2031F |
6.1.4 Guyana Compressed Natural Gas Market Revenues & Volume, By Unconventional Sources, 2021-2031F |
6.1.9 Guyana Compressed Natural Gas Market Revenues & Volume, By Distribution Channel, 2021-2031F |
6.1.10 Guyana Compressed Natural Gas Market Revenues & Volume, By Distribution Channel, 2021-2031F |
6.2 Guyana Compressed Natural Gas Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Guyana Compressed Natural Gas Market Revenues & Volume, By Light Duty Vehicles, 2021-2031F |
6.2.3 Guyana Compressed Natural Gas Market Revenues & Volume, By Medium Or Heavy Duty Buses, 2021-2031F |
6.2.4 Guyana Compressed Natural Gas Market Revenues & Volume, By Medium Or Heavy Duty Trucks, 2021-2031F |
7 Guyana Compressed Natural Gas Market Import-Export Trade Statistics |
7.1 Guyana Compressed Natural Gas Market Export to Major Countries |
7.2 Guyana Compressed Natural Gas Market Imports from Major Countries |
8 Guyana Compressed Natural Gas Market Key Performance Indicators |
8.1 Average distance between CNG refueling stations in Guyana |
8.2 Percentage of public transportation vehicles using CNG in major cities |
8.3 Number of CNG vehicle conversions or new registrations in Guyana |
8.4 Average price of CNG compared to traditional fuels |
8.5 Investment in CNG infrastructure development by the government or private sector |
9 Guyana Compressed Natural Gas Market - Opportunity Assessment |
9.1 Guyana Compressed Natural Gas Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Guyana Compressed Natural Gas Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Guyana Compressed Natural Gas Market - Competitive Landscape |
10.1 Guyana Compressed Natural Gas Market Revenue Share, By Companies, 2024 |
10.2 Guyana Compressed Natural Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |