| Product Code: ETC7420793 | 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 import of performance tires in 2024 continued to be dominated by top exporting countries such as China, Costa Rica, UK, USA, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.95%, while the growth rate from 2023 to 2024 showed a positive increase of 3.71%. These figures suggest a consistent demand for performance tires in Guyana, with key countries maintaining their strong presence in the market.

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 Performance Tires Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Performance Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Performance Tires Market - Industry Life Cycle |
3.4 Guyana Performance Tires Market - Porter's Five Forces |
3.5 Guyana Performance Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Performance Tires Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Performance Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance vehicles in Guyana |
4.2.2 Growing awareness about the importance of tire performance for safety and efficiency |
4.2.3 Rise in disposable income leading to higher spending on premium performance tires |
4.3 Market Restraints |
4.3.1 High import tariffs on performance tires impacting affordability |
4.3.2 Limited availability of performance tire options in the Guyanese market |
4.3.3 Lack of proper infrastructure for tire distribution and maintenance in Guyana |
5 Guyana Performance Tires Market Trends |
6 Guyana Performance Tires Market, By Types |
6.1 Guyana Performance Tires Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Performance Tires Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guyana Performance Tires Market Revenues & Volume, By Racing Slicks, 2021- 2031F |
6.1.4 Guyana Performance Tires Market Revenues & Volume, By Tread Tires, 2021- 2031F |
6.2 Guyana Performance Tires Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Performance Tires Market Revenues & Volume, By OEMS, 2021- 2031F |
6.2.3 Guyana Performance Tires Market Revenues & Volume, By Replacement/Aftermarket, 2021- 2031F |
7 Guyana Performance Tires Market Import-Export Trade Statistics |
7.1 Guyana Performance Tires Market Export to Major Countries |
7.2 Guyana Performance Tires Market Imports from Major Countries |
8 Guyana Performance Tires Market Key Performance Indicators |
8.1 Average selling price of performance tires in Guyana |
8.2 Number of new high-performance vehicle sales in the market |
8.3 Percentage increase in the installation of performance tires in Guyana compared to standard tires |
9 Guyana Performance Tires Market - Opportunity Assessment |
9.1 Guyana Performance Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Performance Tires Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Performance Tires Market - Competitive Landscape |
10.1 Guyana Performance Tires Market Revenue Share, By Companies, 2024 |
10.2 Guyana Performance 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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