Earlier Report Observations
The market volume for milk and cream in Guyana showed a declining trend from 23 468 t in 2018 to 21 781 t in 2022, before a sharp increase to 29 684 t in 2023. The initial decrease was influenced by the COVID-19 pandemic in 2020, which affected production and demand, leading to a market volume of 22 285 t. Government efforts to allocate $18.4 billion to revitalize agriculture in 2020 aimed to support the sector during this period.
The significant growth in 2023 was primarily driven by the entry of a new player with the announcement of a state-of-the-art dairy farm by Demerara Distillers Limited in collaboration with Israeli LR Group, introducing modern dairy technologies to increase local production and reduce imports. This was supported by a substantial government investment of $4 billion in Guyana Sugar Corporation for packaging plant expansion and cane field rehabilitation. Regulatory developments, including the enactment of the Food Safety Act 2019 and subsequent training by the Guyana Food Safety Authority, strengthened food safety standards over the years. In 2024 and 2025, further large-scale budget allocations and projects, such as the construction of a Regional Food Hub and initiatives under CARICOM’s 25 by 2025 strategy, continued to focus on agricultural development and food security.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Guyana
- 5.1.1. Annual dynamics of production in Guyana in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Guyana in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Guyana
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Guyana in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Guyana by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Guyana in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Guyana by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production milk and cream in Guyana
In kind, 2018-2021, t
Top producers of milk and cream, 2018-2021
World map of production of milk and cream, 2018-2021
In 2021, Guyana produced 20 990 tonnes of milk and cream, showing little change from the previous year. Over the period from 2018 to 2021, production decreased by 6.2%, with an average annual decline of 2.1%. The most significant drop occurred in 2020, when production fell by 5.7%.
Annual dynamics of production in Guyana in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.6%) | (5.7%) | (0.0%) | (2.1%) |
Exports milk and cream from Guyana
Exports in kind, t
Annual dynamics of product's exports from Guyana in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2018 to 2021, Suriname and Saint Vincent and the Grenadines were consistently the main destinations for Guyana's exports in kind, together accounting for 100.0% of total flows.
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
Annual dynamics of product's exports from Guyana in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2018 and 2021, Suriname and Saint Vincent and the Grenadines absorbed 100.0% of Guyana's total exports in value terms for milk and cream, reflecting a highly concentrated export market.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Guyana in value, 2018-2021
Imports milk and cream to Guyana
Imports in kind, t
Guyana's imports of milk and cream increased for the third consecutive year in 2021, reaching 1 380 tonnes, up 7.4% from the previous year. From 2018 to 2021, imports grew by 27.5%, with an average annual increase of 8.4%.
Annual dynamics of product's imports to Guyana in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 18.7% | 0.1% | 7.4% | 8.4% |
During 2018–2021, Trinidad and Tobago (28.3% of imports in kind), Denmark (24.4%), and Suriname (19.6%) were the primary sources for Guyana's milk and cream imports, together making up 72.2% of the total.
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 1 495 thousand US dollars worth of milk and cream, a decline of 5.3% from 2020. Over the period from 2018 to 2021, imports increased by 21.3%, averaging 6.7% growth per year. The lowest value was recorded in 2019 at 1 190 thousand US dollars, while the peak occurred in 2020 at 1 579 thousand US dollars. The largest increase was in 2020, with a jump of 32.7%.
Annual dynamics of product's imports to Guyana in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.4%) | 32.7% | (5.3%) | 6.7% |
From 2018 to 2021, Trinidad and Tobago (30.3% of imports in value terms), Denmark (20.1%), and Suriname (19.1%) were the leading suppliers of milk and cream to Guyana, collectively representing 69.5% of total imports 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
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