| Product Code: ETC4891116 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s import of strontium sulfate in 2024 saw major contributions from top exporting countries including the USA, India, Netherlands, and the UK. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) for 2020-2024 was notably negative at -37.02%. Furthermore, the growth rate from 2023-2024 saw a significant decline of -89.02%. These figures indicate a challenging period for the strontium sulfate import market in Guyana, highlighting the need for strategic adjustments and market analysis to navigate the landscape effectively.

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 Strontium Sulfate Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Strontium Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Strontium Sulfate Market - Industry Life Cycle |
3.4 Guyana Strontium Sulfate Market - Porter's Five Forces |
3.5 Guyana Strontium Sulfate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Strontium Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Strontium Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the oil and gas industry in Guyana, leading to increased demand for strontium sulfate in drilling fluids. |
4.2.2 Rising use of strontium sulfate in the manufacturing of fireworks and pyrotechnics, driven by cultural events and celebrations. |
4.2.3 Expansion of the agricultural sector in Guyana, creating demand for strontium sulfate as a soil conditioner. |
4.3 Market Restraints |
4.3.1 Fluctuations in global commodity prices impacting the cost of strontium sulfate production and pricing. |
4.3.2 Regulatory challenges related to environmental concerns and waste management in the production and disposal of strontium sulfate. |
5 Guyana Strontium Sulfate Market Trends |
6 Guyana Strontium Sulfate Market Segmentations |
6.1 Guyana Strontium Sulfate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Strontium Sulfate Market Revenues & Volume, By 99.0% Purity, 2021-2031F |
6.1.3 Guyana Strontium Sulfate Market Revenues & Volume, By 97.0% Purity, 2021-2031F |
6.1.4 Guyana Strontium Sulfate Market Revenues & Volume, By Other, 2021-2031F |
6.2 Guyana Strontium Sulfate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Strontium Sulfate Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Guyana Strontium Sulfate Market Revenues & Volume, By Analytical Reagent, 2021-2031F |
6.2.4 Guyana Strontium Sulfate Market Revenues & Volume, By Red Flame, 2021-2031F |
6.2.5 Guyana Strontium Sulfate Market Revenues & Volume, By Ceramic, 2021-2031F |
6.2.6 Guyana Strontium Sulfate Market Revenues & Volume, By Other, 2021-2031F |
7 Guyana Strontium Sulfate Market Import-Export Trade Statistics |
7.1 Guyana Strontium Sulfate Market Export to Major Countries |
7.2 Guyana Strontium Sulfate Market Imports from Major Countries |
8 Guyana Strontium Sulfate Market Key Performance Indicators |
8.1 Number of oil and gas exploration projects in Guyana utilizing strontium sulfate in drilling operations. |
8.2 Volume of strontium sulfate used in the production of fireworks and pyrotechnics during key festive seasons. |
8.3 Percentage of agricultural land in Guyana adopting strontium sulfate as a soil amendment for crop cultivation. |
9 Guyana Strontium Sulfate Market - Opportunity Assessment |
9.1 Guyana Strontium Sulfate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Strontium Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Strontium Sulfate Market - Competitive Landscape |
10.1 Guyana Strontium Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Guyana Strontium Sulfate 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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