Alcoholic beer market in Guyana

Earlier Report Observations

The alcoholic beer market in Guyana expanded from 23.7 million liters in 2018 to 26.5 million liters in 2020, with a peak of 26.7 million liters in 2019. This initial growth was supported by annual increases in beer imports, which became the most significant category among alcoholic beverages in the country, adding volume to the total market. In 2020, the market saw a slight stabilization, while factors such as high alcohol experimentation among youth and intensive consumption patterns of strong beverages were noted.

A sharp 34% surge to 35.5 million liters occurred in 2021, coinciding with a major rise in both domestic production and imports. The market then stabilized near this higher level through 2023. In subsequent years, the local production landscape intensified with the entry of new players like the Brasserie Guyanaise launching local whisky and the West Guyana brewery producing craft beers from local ingredients such as citrus and ginger, supported by promotional events like the Fête de la bière.

Production alcoholic beer in Guyana

In kind, 2018-2021, K l

Top producers of alcoholic beer, 2018-2021

World map of production of alcoholic beer, 2018-2021

In 2021, Guyana produced 28 356 thousand liters of alcoholic beer, marking a 34.8% increase compared to the previous year. Over the period from 2018 to 2021, production grew by 42.1%, with an average annual growth rate of 12.4%. The most significant decline occurred in 2020, when production fell by 5.2%.

Annual dynamics of production in Guyana in kind, 2018-2021, K l

Exports alcoholic beer from Guyana

Exports in kind, K l

Alcoholic beer exports from Guyana have risen for the third consecutive year. In 2021, exports reached 735 thousand liters, which represents a substantial 350.9% increase from the previous year. Between 2018 and 2021, exports surged by 832.5%, translating to an annualized growth rate of 110.5%.

Annual dynamics of product's exports from Guyana in kind, 2018-2021, K l

From 2018 to 2021, Suriname, Canada, and Antigua and Barbuda remained the top buyers of alcoholic beer from Guyana, accounting for 31.8%, 18.1%, and 13.3% of exports in kind, respectively. Together, these three countries made up 63.3% of Guyana's total exports in kind during this period.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Guyana in kind, 2018-2021

Exports in value, K $ US

The data shows irregular changes, indicating a volatile market environment. Exports in value terms peaked in 2021 at 751 thousand US dollars, while the lowest point was in 2019 at 101 thousand US dollars, reflecting a 7.4-fold difference between these years. In 2021, exports increased by 164.9% compared to 2020. The largest decline occurred in 2019, with a drop of 1.9%, while the most significant increase was recorded in 2020, with a rise of 181.1%.

Annual dynamics of product's exports from Guyana in value, 2018-2021, K $ US

Throughout 2018 to 2021, Canada, Antigua and Barbuda, and Trinidad and Tobago were the key partners in terms of export value, contributing 27.2%, 17.1%, and 15.0% of exports in value, respectively. Collectively, these three countries accounted for 59.3% of Guyana's total export flows in value terms.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Guyana in value, 2018-2021

Imports alcoholic beer to Guyana

Imports in kind, K l

Imported alcoholic beer volumes into Guyana have increased for the third year in a row. In 2021, Guyana imported 7 835 thousand liters of alcoholic beer, which is a 40.4% uptick compared to 2020. Between 2018 and 2021, imports grew by 102.5%, equating to an annualized rate of 26.5%.

Annual dynamics of product's imports to Guyana in kind, 2018-2021, K l

From 2018 to 2021, Trinidad and Tobago, Saint Lucia, and Mexico were the largest suppliers of alcoholic beer to Guyana, making up 60.7%, 17.3%, and 15.4% of imports in kind, respectively. Together, these three suppliers formed 93.4% of Guyana's total imports in kind during this timeframe.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Guyana in kind, 2018-2021

Imports in value, K $ US

In 2021, Guyana imported approximately 7 689 thousand US dollars worth of alcoholic beer, up by 62.8% from the previous year. Between 2018 and 2021, imports increased by 44.3%, with an annualized growth rate of 13.0%. The lowest value was recorded in 2020 at 4 723 thousand US dollars, and the largest decline occurred in the same year, with a drop of 25.9%.

Annual dynamics of product's imports to Guyana in value, 2018-2021, K $ US

In the period from 2018 to 2021, Trinidad and Tobago, Saint Lucia, and Mexico were the main sources in the geographical breakdown of imports in value terms for alcoholic beer to Guyana, accounting for 52.2%, 26.6%, and 14.2% of imports in value, respectively. Their combined share totaled 93.0% of Guyana's total import flows in value terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Guyana in value, 2018-2021