Market research

Capsicum and pimenta fruits market in Guyana

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for fresh or chilled capsicum and pimenta fruits in Guyana experienced a dramatic decline from 2018 to 2021. Starting at 37 846 tons in 2018, it plummeted to 13 082 tons in 2019, a drop of nearly two-thirds. After stabilizing around 13 000 tons in 2020, the market contracted further to 8 392 tons in 2021, representing less than a quarter of its initial size.

A reversal began in 2022, with the market volume growing by over 50% to 12 640 tons. This recovery continued into 2023, reaching 13 704 tons, an 8% increase from the previous year. Despite these gains, the market remained well below its 2018 peak.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Guyana
  1. 5.1.1. Annual dynamics of production in Guyana in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Guyana in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Guyana in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Guyana by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Guyana in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Guyana by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production capsicum and pimenta fruits in Guyana

In kind, 2018-2021, t

Top producers of capsicum and pimenta fruits, 2018-2021

Source: SHEV.io

World map of production of capsicum and pimenta fruits, 2018-2021

Source: SHEV.io

Guyana's production of capsicum and pimenta fruits has declined for the third year in a row. In 2021, the country produced 8 277 tonnes, marking a sharp decrease of 35.9% compared to 2020. Looking at the period from 2018 to 2021, production fell by 78.2%, with an average annual decline rate of 39.8%.

Annual dynamics of production in Guyana in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(65.4%)	(1.5%)	(35.9%)	(39.8%)

Source: SHEV.io

Exports capsicum and pimenta fruits from Guyana

Exports in kind, t

The market showed an unstable trend during this period. Export volumes reached their lowest point in 2021 and peaked in 2019, with a 26-fold difference between these years. In 2021, Guyana exported 3.4 tonnes of capsicum and pimenta fruits, down 85.0% from the previous year. The highest volume was recorded in 2019 at 85.9 tonnes, with the largest increase that year of 28.9%.

Annual dynamics of product's exports from Guyana in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	28.9%	(73.9%)	(85.0%)	(63.0%)

Source: SHEV.io

From 2018 to 2021, Canada and Barbados were the dominant export partners for Guyana's capsicum and pimenta fruits. Canada accounted for 56.5% of total exports, while Barbados made up 26.4%, together representing 82.8% of all exports. Other partners contributed the remaining volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market displayed volatility over the observed timeframe. Export values bottomed in 2021 and peaked in 2019, with a 17-fold difference. In 2021, Guyana's exports of capsicum and pimenta fruits were valued at 3.1 thousand US dollars, an 88.8% drop from the previous year. The highest value was recorded in 2019 at 51.7 thousand US dollars, with the largest increase that year of 36.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	36.5%	(46.9%)	(88.8%)	(56.8%)

Source: SHEV.io

Between 2018 and 2021, Canada, the United States, and Barbados were the primary buyers of capsicum and pimenta fruits from Guyana in value terms. Canada accounted for 52.3% of exports, the United States for 23.9%, and Barbados for 22.8%, together comprising 99.0% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports capsicum and pimenta fruits to Guyana

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Import volumes reached their minimum in 2018 and peaked in 2021, with a 4.3-fold difference. In 2021, Guyana imported 118.2 tonnes of capsicum and pimenta fruits, up 158.1% year-over-year. The largest decline was recorded in 2020 at 2.7%.

Annual dynamics of product's imports to Guyana in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	72.1%	(2.7%)	158.1%	62.9%

Source: SHEV.io

From 2018 to 2021, the United States was the key and nearly sole source for Guyana's imports of capsicum and pimenta fruits in kind, accounting for 98.3% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Guyana's imports of capsicum and pimenta fruits have increased for the third consecutive year. In 2021, imports stood at 372.2 thousand US dollars, up 159.9% from the previous year. Over the period from 2018 to 2021, imports grew by 368.5%, with an average annual growth rate of 67.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	26.5%	42.5%	159.9%	67.3%

Source: SHEV.io

Between 2018 and 2021, the United States served as the main source for Guyana's imports of capsicum and pimenta fruits in value terms, consistently absorbing 99.4% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io