| Product Code: ETC5040475 | 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 surfboard import market continues to see significant growth, with a high Herfindahl-Hirschman Index indicating concentration among top exporting countries. The top contributors in 2024 include China, USA, Panama, South Africa, and Brazil. The impressive compound annual growth rate (CAGR) of 35.13% from 2020 to 2024 reflects a thriving market. Additionally, the growth rate of 18.75% from 2023 to 2024 suggests sustained momentum and opportunities for further expansion in the surfboard import sector in Guyana.

In the Latin America region, the Surfboard market in Guyana is projected to expand at a exponential growth rate of 52.38% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Surfboard Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Surfboard Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Surfboard Market - Industry Life Cycle |
3.4 Guyana Surfboard Market - Porter's Five Forces |
3.5 Guyana Surfboard Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guyana Surfboard Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Guyana Surfboard Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Guyana Surfboard Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Surfboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of surfing as a recreational activity in Guyana |
4.2.2 Increase in disposable income of consumers leading to higher spending on leisure activities like surfing |
4.2.3 Rise in tourism in Guyana, attracting surfers from around the world |
4.3 Market Restraints |
4.3.1 Limited awareness about surfing as a sport in Guyana |
4.3.2 High import tariffs on surfboards, making them expensive for local consumers |
4.3.3 Lack of developed surfing infrastructure and facilities in Guyana |
5 Guyana Surfboard Market Trends |
6 Guyana Surfboard Market Segmentations |
6.1 Guyana Surfboard Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Surfboard Market Revenues & Volume, By Shortboards, 2021-2031F |
6.1.3 Guyana Surfboard Market Revenues & Volume, By Longboards, 2021-2031F |
6.1.4 Guyana Surfboard Market Revenues & Volume, By Fish Boards, 2021-2031F |
6.1.5 Guyana Surfboard Market Revenues & Volume, By Gun Boards, 2021-2031F |
6.1.6 Guyana Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guyana Surfboard Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana Surfboard Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.3 Guyana Surfboard Market Revenues & Volume, By Balsa Wood, 2021-2031F |
6.2.4 Guyana Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guyana Surfboard Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Guyana Surfboard Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Guyana Surfboard Market Revenues & Volume, By Offline, 2021-2031F |
6.4 Guyana Surfboard Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Guyana Surfboard Market Revenues & Volume, By Recreational, 2021-2031F |
6.4.3 Guyana Surfboard Market Revenues & Volume, By Professional, 2021-2031F |
7 Guyana Surfboard Market Import-Export Trade Statistics |
7.1 Guyana Surfboard Market Export to Major Countries |
7.2 Guyana Surfboard Market Imports from Major Countries |
8 Guyana Surfboard Market Key Performance Indicators |
8.1 Number of surfing events and competitions held in Guyana |
8.2 Percentage increase in the number of surf schools and instructors in Guyana |
8.3 Growth in the number of surfboard rentals and sales outlets in key tourist areas |
9 Guyana Surfboard Market - Opportunity Assessment |
9.1 Guyana Surfboard Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guyana Surfboard Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Guyana Surfboard Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Guyana Surfboard Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Surfboard Market - Competitive Landscape |
10.1 Guyana Surfboard Market Revenue Share, By Companies, 2024 |
10.2 Guyana Surfboard 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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