Earlier Report Observations
From 2018 to 2019, the market volume for pig fat in Guyana surged by over 65% to 65 943 kg. This sharp increase was primarily driven by direct government support to pig farmers in Region Five aimed at improving production, coupled with the commissioning of key infrastructure like the road linking the Berbice River to Ebini Ranch, which enhanced agricultural logistics and market access.
After the 2019 peak, market volume dipped to 54 900 kg in 2020 before recovering to 66 180 kg in 2021. The infrastructure road project was completed in 2020, supporting long-term logistics, while ongoing national investment in agriculture provided a foundation for the rebound in production the following year.
Market volume rose again to 69 780 kg in 2022, supported by the government's nationwide cultivation push to meet increasing food demand and heavy investment in the agricultural sector. Despite a decline to 64 250 kg in 2023, the period saw continued initiatives such as preparations for the Agri-Investment Forum and multiple proposals for a local oil refinery, which signaled sustained industrial and investment interest affecting the agricultural landscape. Into 2024, government contracts worth $6.9 billion for regional infrastructure and events like the Berbice Expo emphasized innovation and cooperation in agriculture.
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, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 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, kg
- 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, kg
- 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, kg
- 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, kg
- 6.1.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2024, $ US/kg
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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, kg
- 6.2.2.1. Annual dynamics of product's imports to Guyana in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Guyana by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Guyana in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Guyana by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production pig fat free of lean meat and poultry fat in Guyana
In kind, 2017-2020, kg
Top producers of pig fat free of lean meat and poultry fat, 2017-2020
World map of production of pig fat free of lean meat and poultry fat, 2017-2020
Guyana's production of pig fat free of lean meat and poultry fat saw a two-year increase before declining. In 2019, output reached its peak at 65 930 kg, but then fell sharply in 2020 to 54 900 kg, representing a significant 16.7% drop from the previous year. Looking at the broader period from 2017 to 2020, production actually grew by 68.8%, which translates to an average annual increase of 19.1%. The most substantial year-over-year growth occurred in 2019, with a 66.8% rise.
Annual dynamics of production in Guyana in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 21.5% | 66.8% | (16.7%) | 19.1% |
Exports pig fat free of lean meat and poultry fat from Guyana
Market analysis indicates that Guyana did not export any pig fat free of lean meat and poultry fat between 2017 and 2020.
Imports pig fat free of lean meat and poultry fat to Guyana
Imports in kind, kg
Annual dynamics of product's imports to Guyana in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, all imports of pig fat free of lean meat and poultry fat to Guyana came from Trinidad and Tobago, accounting for 100.0% of the total volume and establishing this market as overwhelmingly dominant.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Guyana in kind, 2017-2020
Imports in value, $ US
Annual dynamics of product's imports to Guyana in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2017–2020 period, Trinidad and Tobago was the primary and nearly exclusive source for Guyana's imports of pig fat free of lean meat and poultry fat in value terms, making up 100.0% of the total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Guyana in value, 2017-2020
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