| Product Code: ETC5872903 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Guyana`s light duty vehicle import shipments in 2024 saw significant growth, with top exporting countries including the USA, China, Canada, French Guiana, and Japan. The industry exhibited a high market concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 15.95%, with a notable growth rate of 31.19% from 2023 to 2024. These statistics point towards a thriving market for light duty vehicle imports in Guyana, driven by strong partnerships with key exporting nations.
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 Light Duty Vehicle Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Light Duty Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Light Duty Vehicle Market - Industry Life Cycle |
3.4 Guyana Light Duty Vehicle Market - Porter's Five Forces |
3.5 Guyana Light Duty Vehicle Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 Guyana Light Duty Vehicle Market Revenues & Volume Share, By Turbocharger, 2021 & 2031F |
4 Guyana Light Duty Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Economic growth in Guyana leading to increased disposable income |
4.2.2 Infrastructure development and road network expansion |
4.2.3 Government incentives for vehicle purchases |
4.3 Market Restraints |
4.3.1 High import duties and taxes on vehicles |
4.3.2 Limited financing options for vehicle purchases |
4.3.3 Volatility in fuel prices |
5 Guyana Light Duty Vehicle Market Trends |
6 Guyana Light Duty Vehicle Market Segmentations |
6.1 Guyana Light Duty Vehicle Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Light Duty Vehicle Market Revenues & Volume, By Automatic transmission (AT), 2021-2031F |
6.1.3 Guyana Light Duty Vehicle Market Revenues & Volume, By Continuous variable transmission (CVT), 2021-2031F |
6.1.4 Guyana Light Duty Vehicle Market Revenues & Volume, By Manual transmission (MT), 2021-2031F |
6.2 Guyana Light Duty Vehicle Market, By Turbocharger |
6.2.1 Overview and Analysis |
6.2.2 Guyana Light Duty Vehicle Market Revenues & Volume, By Gasoline Turbocharged, 2021-2031F |
6.2.3 Guyana Light Duty Vehicle Market Revenues & Volume, By Diesel Turbocharged, 2021-2031F |
7 Guyana Light Duty Vehicle Market Import-Export Trade Statistics |
7.1 Guyana Light Duty Vehicle Market Export to Major Countries |
7.2 Guyana Light Duty Vehicle Market Imports from Major Countries |
8 Guyana Light Duty Vehicle Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Guyana |
8.2 Number of new vehicle registrations |
8.3 Average distance traveled by light duty vehicles in Guyana per year |
9 Guyana Light Duty Vehicle Market - Opportunity Assessment |
9.1 Guyana Light Duty Vehicle Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 Guyana Light Duty Vehicle Market Opportunity Assessment, By Turbocharger, 2021 & 2031F |
10 Guyana Light Duty Vehicle Market - Competitive Landscape |
10.1 Guyana Light Duty Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Guyana Light Duty Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |