Earlier Report Observations
The paddy rice market in Guyana experienced notable shifts in volume between 2018 and 2023. After starting at 829 thousand tons in 2018, consumption surged to a peak of 1,013 thousand tons the following year.
This high was followed by a contraction, with market volume falling to 847 thousand tons in 2020 and then to 750 thousand tons in 2021. A recovery began in 2022, lifting volume to 840 thousand tons, and continued into 2023 when it reached 986 thousand tons, close to the previous peak level.
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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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. 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, K 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, K 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, K 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, K t
- 6.1.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, K t
- 6.1.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, K 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, K t
- 6.2.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2025, K t
- 6.2.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2025, K 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, K t
- 7.1.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, K t
- 7.1.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, K 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, K t
- 7.2.2.1. Annual dynamics of product's exports from Guyana in kind, 2018-2025, K t
- 7.2.2.2. Dynamics of product's exports in kind from Guyana by countries, 2018-2025, K 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, K t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K 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 paddy rice in Guyana
In kind, 2018-2021, K t
Top producers of paddy rice, 2018-2021
World map of production of paddy rice, 2018-2021
Guyana's paddy rice production experienced a two-year rise before declining. In 2021, the country produced 860 K t of paddy rice, marking a significant contraction of 18.7% year-over-year. Between 2018 and 2021, production decreased by 10.8%, which translates to an annualized rate of 3.7%. The largest increase occurred in 2019, at 8.9%, while the peak production was recorded in 2020, reaching 1 058 K t.
Annual dynamics of production in Guyana in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.9% | 0.7% | (18.7%) | (3.7%) |
In value, 2018-2021, M $ US
After a two-year increase, paddy rice production in Guyana saw a decline. In 2021, the output was valued at 274.4 M $ US, reflecting a 13.5% decrease year-over-year. From 2018 to 2021, production fell by 9.1%, equating to an annualized rate of 3.1%. The largest increase was recorded in 2020, at 3.2%, with the maximum value also in 2020, at 317.2 M $ US.
Annual dynamics of production in Guyana in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.8% | 3.2% | (13.5%) | (3.1%) |
Exports paddy rice from Guyana
Exports in kind, K t
The market performance showed noticeable fluctuations during this period. In 2019, Guyana's paddy rice export volume hit its lowest point at 36.7 K t, with the largest decline of 72.8% that year. By 2020, exports peaked at 210.3 K t, representing the largest increase of 472.8%. In 2021, export volume dropped to 110.0 K t, indicating a decline of 47.7% compared to the previous year. The gap between the peak in 2020 and the trough in 2019 was 5.7-fold.
Annual dynamics of product's exports from Guyana in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (72.8%) | 472.8% | (47.7%) | (6.6%) |
From 2018 to 2021, Italy, Mexico, and Brazil were the leading destinations for Guyana's paddy rice exports in kind. Italy accounted for 27.0% of exports, Mexico for 17.9%, and Brazil for 15.6%, together making up 60.5% 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
The market exhibited an unstable trend throughout the timeframe. In 2019, exports in value terms reached their minimum at 10 744 K $ US, with the largest decline of 74.6% that year. By 2020, exports peaked at 63 069 K $ US, showing the largest increase of 487.0%. In 2021, Guyana exported 35 110 K $ US of paddy rice, down by 44.3% year-over-year. The gap between the peak in 2020 and the low in 2019 was 5.9-fold.
Annual dynamics of product's exports from Guyana in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (74.6%) | 487.0% | (44.3%) | (6.0%) |
During 2018–2021, Italy, Mexico, and Brazil were the largest buyers of paddy rice from Guyana in value terms. Italy held a 28.0% share of exports, Mexico 18.0%, and Brazil 15.1%, collectively forming 61.1% of total exports.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Guyana in value, 2018-2021
Imports paddy rice to Guyana
Imports in kind, K t
Paddy rice imports into Guyana declined for the second consecutive year. In 2020, Guyana imported 0.0 K t of paddy rice, which is 97.6% less compared to 2019. Over the period from 2018 to 2020, imports decreased by 97.8%, with a compound annual growth rate of 71.9%.
Annual dynamics of product's imports to Guyana in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.2%) | (97.6%) | n/a | - |
Throughout 2018–2021, the United States dominated the partner structure of imports in kind, consistently accounting for 98.3% of total flows.
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
Paddy rice imports into Guyana declined for the second consecutive year. In 2020, Guyana imported approximately 1 K $ US of paddy rice, down by 98.6% year-over-year. From 2018 to 2020, imports decreased by 98.7%, with a compound annual growth rate of 76.5%.
Annual dynamics of product's imports to Guyana in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.6%) | (98.6%) | n/a | - |
In 2018–2021, the United States effectively concentrated imports in value terms of paddy rice to Guyana, with a share of 99.1% of total flows.
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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