| Product Code: ETC5681915 | 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 mining sector continues to rely on imported shovels, with major shipments coming from top exporters such as China, India, USA, UK, and South Korea in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 99.01% from 2020 to 2024 highlights the robust demand for mining equipment in the country. The growth rate of 6.48% from 2023 to 2024 signifies a steady expansion in import volumes, underscoring the importance of these key exporting countries in meeting Guyana`s mining needs.

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 Mining Shovel Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Mining Shovel Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Mining Shovel Market - Industry Life Cycle |
3.4 Guyana Mining Shovel Market - Porter's Five Forces |
3.5 Guyana Mining Shovel Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
3.6 Guyana Mining Shovel Market Revenues & Volume Share, By Mineral Type, 2021 & 2031F |
4 Guyana Mining Shovel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for minerals and metals globally |
4.2.2 Technological advancements in mining equipment |
4.2.3 Government initiatives to boost mining sector in Guyana |
4.3 Market Restraints |
4.3.1 Volatility in commodity prices |
4.3.2 Environmental regulations impacting mining operations |
4.3.3 Supply chain disruptions affecting raw material availability |
5 Guyana Mining Shovel Market Trends |
6 Guyana Mining Shovel Market Segmentations |
6.1 Guyana Mining Shovel Market, By Payload Capacity |
6.1.1 Overview and Analysis |
6.1.2 Guyana Mining Shovel Market Revenues & Volume, By 20-25, 2021-2031F |
6.1.3 Guyana Mining Shovel Market Revenues & Volume, By 30-35, 2021-2031F |
6.1.4 Guyana Mining Shovel Market Revenues & Volume, By 40-50, 2021-2031F |
6.1.5 Guyana Mining Shovel Market Revenues & Volume, By More than 50, 2021-2031F |
6.2 Guyana Mining Shovel Market, By Mineral Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana Mining Shovel Market Revenues & Volume, By Coal, 2021-2031F |
6.2.3 Guyana Mining Shovel Market Revenues & Volume, By Iron Ore, 2021-2031F |
6.2.4 Guyana Mining Shovel Market Revenues & Volume, By Non-Ferrous Metals, 2021-2031F |
6.2.5 Guyana Mining Shovel Market Revenues & Volume, By Industrial Minerals, 2021-2031F |
6.2.6 Guyana Mining Shovel Market Revenues & Volume, By Precious Metals, 2021-2031F |
7 Guyana Mining Shovel Market Import-Export Trade Statistics |
7.1 Guyana Mining Shovel Market Export to Major Countries |
7.2 Guyana Mining Shovel Market Imports from Major Countries |
8 Guyana Mining Shovel Market Key Performance Indicators |
8.1 Average age of mining shovels in operation |
8.2 Utilization rate of mining shovels |
8.3 Frequency of maintenance and downtime for mining shovels |
9 Guyana Mining Shovel Market - Opportunity Assessment |
9.1 Guyana Mining Shovel Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
9.2 Guyana Mining Shovel Market Opportunity Assessment, By Mineral Type, 2021 & 2031F |
10 Guyana Mining Shovel Market - Competitive Landscape |
10.1 Guyana Mining Shovel Market Revenue Share, By Companies, 2024 |
10.2 Guyana Mining Shovel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |