Earlier Report Observations
The starch market in Guyana contracted to 3 804 t in 2019, a decline linked to the consolidation and closure of several sugar plantations that reduced the supply of agricultural raw materials for production.
A recovery began in 2020, with market volume reaching 5 368 t by 2021. This growth coincided with the start of commercial offshore oil production, which fueled broader economic expansion, increased public infrastructure investment, and raised consumer demand for food products including starches.
Market expansion continued, reaching 6 095 t in 2023. The growth was supported by a notable increase in local markets promoting agricultural goods and a shift in consumer preferences toward domestic products, which boosted overall consumption.
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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ 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, 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Guyana, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Guyana by countries, 2018-2025, $ US/kg
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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/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/kg
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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/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Guyana, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Guyana by countries, 2018-2025, $ US/kg
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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 starches in Guyana
In kind, 2018-2021, t
Top producers of starches, 2018-2021
World map of production of starches, 2018-2021
Starch production in Guyana has increased for the second consecutive year. In 2021, Guyana produced 5,203 tonnes of starch, representing a 30.1% year-over-year increase. Over the 2018-2021 period, production grew by 4.1%, with a compound annual growth rate of 1.3%. The lowest production level was recorded in 2019 at 3,500 tonnes, which also saw the largest decline of 30.0%.
Annual dynamics of production in Guyana in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (30.0%) | 14.3% | 30.1% | 1.3% |
Exports starches from Guyana
Exports in kind, t
Starch exports from Guyana have declined for the second consecutive year. In 2021, exports totaled 0.0 tonnes, marking a sharp 96.4% decrease from the previous year. Over the 2019-2021 period, exports fell by 97.9%, with a compound annual decline rate of 72.4%.
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 | (41.0%) | (96.4%) | - |
From 2018 to 2021, Barbados and Antigua and Barbuda remained the primary buyers of starch from Guyana, together accounting for 92.0% of total exports by volume. The remaining 8.0% was distributed among various other countries.
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 showed an unstable trend throughout the period. From the low in 2021 to the high in 2020, export volumes varied by a factor of 2,116. In 2021, Guyana's starch exports were valued at 0.1 thousand US dollars, reflecting a complete 100.0% drop from the previous year. The peak value was recorded in 2020 at 192.8 thousand US dollars, which also saw the largest increase of 20,673.9%.
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 | 20 673.9% | (100.0%) | - |
From 2018 to 2021, virtually all starch exports from Guyana in value terms were directed to Barbados, which accounted for 99.4% of total export flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Guyana in value, 2018-2021
Imports starches to Guyana
Imports in kind, t
In 2021, Guyana's starch import volume reached 165.4 tonnes, indicating a significant 62.1% year-over-year decrease. Between 2018 and 2021, imports fell by 47.9%, equivalent to an annualized decline rate of 19.5%. The highest import volume was recorded in 2020 at 436.5 tonnes, which also experienced the largest increase of 43.3%.
Annual dynamics of product's imports to Guyana in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.0%) | 43.3% | (62.1%) | (19.5%) |
From 2018 to 2021, the United States and Colombia together absorbed 91.5% of total starch imports by volume into Guyana, with the remaining volume distributed among smaller markets.
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, starch imports into Guyana totaled 177.7 thousand US dollars, marking a 53.0% decrease compared to 2020. Between 2018 and 2021, imports declined by 39.3%, equivalent to an annualized rate of 15.3%. The peak import value was recorded in 2020 at 378.1 thousand US dollars, which also saw the largest increase of 43.0%.
Annual dynamics of product's imports to Guyana in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.7%) | 43.0% | (53.0%) | (15.3%) |
From 2018 to 2021, the country structure of starch imports in value terms was highly concentrated, with the United States and Colombia together accounting for 88.0% of total import flows, while other partners made up the remainder.
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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