| Product Code: ETC7419385 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s nutmeg import shipments in 2024 continued to show a high level of concentration, with the top exporting countries being the Netherlands, Trinidad and Tobago, USA, India, and Barbados. The Herfindahl-Hirschman Index (HHI) remained significantly high, indicating a dominant market presence. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 9.48%, with a steady growth rate of 3.82% from 2023 to 2024. This data suggests a consistent demand for nutmeg in Guyana, with key importing countries maintaining their strong market positions.

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 Nutmeg Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Nutmeg Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Nutmeg Market - Industry Life Cycle |
3.4 Guyana Nutmeg Market - Porter's Five Forces |
3.5 Guyana Nutmeg Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Nutmeg Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Nutmeg Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of nutmeg |
4.2.2 Growing demand for natural and organic ingredients in food products |
4.2.3 Expansion of nutmeg cultivation and processing facilities in Guyana |
4.3 Market Restraints |
4.3.1 Fluctuations in nutmeg prices due to factors like weather conditions and global market trends |
4.3.2 Competition from other spice producers in the region |
4.3.3 Challenges in maintaining consistent quality and supply chain management |
5 Guyana Nutmeg Market Trends |
6 Guyana Nutmeg Market, By Types |
6.1 Guyana Nutmeg Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Nutmeg Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guyana Nutmeg Market Revenues & Volume, By Culinary Use, 2021- 2031F |
6.1.4 Guyana Nutmeg Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.1.5 Guyana Nutmeg Market Revenues & Volume, By Nutmeg Butter, 2021- 2031F |
6.1.6 Guyana Nutmeg Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Guyana Nutmeg Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Nutmeg Market Revenues & Volume, By Meat & Poultry Product, 2021- 2031F |
6.2.3 Guyana Nutmeg Market Revenues & Volume, By Snacks & Convenience Food, 2021- 2031F |
6.2.4 Guyana Nutmeg Market Revenues & Volume, By Soups, 2021- 2031F |
6.2.5 Guyana Nutmeg Market Revenues & Volume, By Sauces, 2021- 2031F |
6.2.6 Guyana Nutmeg Market Revenues & Volume, By and Dressings, 2021- 2031F |
6.2.7 Guyana Nutmeg Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
7 Guyana Nutmeg Market Import-Export Trade Statistics |
7.1 Guyana Nutmeg Market Export to Major Countries |
7.2 Guyana Nutmeg Market Imports from Major Countries |
8 Guyana Nutmeg Market Key Performance Indicators |
8.1 Percentage increase in nutmeg exports from Guyana |
8.2 Number of new nutmeg processing facilities established in Guyana |
8.3 Growth in the adoption of nutmeg in various food and beverage products |
9 Guyana Nutmeg Market - Opportunity Assessment |
9.1 Guyana Nutmeg Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Nutmeg Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Nutmeg Market - Competitive Landscape |
10.1 Guyana Nutmeg Market Revenue Share, By Companies, 2024 |
10.2 Guyana Nutmeg 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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