Wheat and meslin flour and cereals market in Guyana

Earlier Report Observations

Between 2018 and 2023, the market volume for wheat and meslin flour and cereals in Guyana showed considerable variation, reaching a high of 31 422 t in 2020. New quality and sanitary regulations for cereal-based food products, established by Decree No. 2-19-144 in July 2019, introduced specific requirements for wheat flour enrichment, setting a revised framework for product standards.

The market structure began to transform in 2022 with the entry of a new player, BèlNatiProd, which constructed Guyana's first integrated flour mill. This facility, designed to process imported wheat grain and local starches, increased domestic production capacity to 23 250 t and significantly reduced imported flour volumes to 1 275 t that year.

Following these developments, the market volume slightly recovered to 25 263 t in 2023, reflecting an adjusted supply balance with greater local processing activity.

Production wheat and meslin flour and cereals in Guyana

In kind, 2018-2021, t

Top producers of wheat and meslin flour and cereals, 2018-2021

World map of production of wheat and meslin flour and cereals, 2018-2021

After two consecutive years of growth, Guyana's production of wheat and meslin flour and cereals declined. In 2021, production stood at 20 250 tonnes, remaining relatively stable compared to 2020. The peak was recorded in 2020 at 20 296 tonnes, while the largest year-over-year increase occurred in 2019 at 1.3%.

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

Exports wheat and meslin flour and cereals from Guyana

Exports in kind, t

The market showed significant volatility during this period. Export volumes reached their highest point in 2018 and fell to their lowest in 2021, representing a 117-fold difference. In 2021, Guyana's exports of wheat and meslin flour and cereals totaled just 4 tonnes, marking a dramatic 98.6% decrease from the previous year. The largest increase was recorded in 2020 at 67.7%.

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

From 2018 to 2021, the main destinations for Guyana's exports of wheat and meslin flour and cereals in volume terms were Barbados (34.6% of exports), Suriname (32.5%), and Antigua and Barbuda (19.4%). Together, these three markets accounted for 86.6% of total export 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 displayed an unstable trend throughout the period. Export values fluctuated significantly, with a 20-fold difference between the peak in 2020 and the low in 2021. In 2021, Guyana's export value of wheat and meslin flour and cereals amounted to 17 thousand US dollars, representing a sharp 95.1% decline from the previous year. The maximum value was recorded in 2020 at 353 thousand US dollars, with the largest increase also occurring that year at 186.4%.

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

During 2018–2021, the leading markets for Guyana's exports of wheat and meslin flour and cereals in value terms were Antigua and Barbuda (29.6% of exports), Suriname (29.1%), and Barbados (26.5%). Collectively, these three countries accounted for 85.2% of total export value.

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

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

Imports wheat and meslin flour and cereals to Guyana

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Import volumes varied 1.8 times between the low in 2019 and the high in 2020. In 2021, Guyana imported 6 485 tonnes of wheat and meslin flour and cereals, reflecting a substantial 43.2% reduction compared to 2020. The minimum volume was recorded in 2019 at 6 434 tonnes, while the maximum was in 2020 at 11 425 tonnes. The largest increase occurred in 2020 at 77.6%.

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

From 2018 to 2021, the primary sources for Guyana's imports of wheat and meslin flour and cereals in volume terms were the Netherlands (24.4% of imports), Barbados (24.0%), and Jamaica (18.7%). Together, these three suppliers represented 67.1% of total import 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

The market exhibited an unstable trend throughout the timeframe. Import values showed a 1.8-fold gap between the low in 2019 and the high in 2020. In 2021, Guyana imported 4 010 thousand US dollars worth of wheat and meslin flour and cereals, which is 40.9% less than in 2020. The minimum value was recorded in 2019 at 3 763 thousand US dollars, while the maximum was in 2020 at 6 782 thousand US dollars. The largest increase occurred in 2020 at 80.2%.

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

Over the period 2018–2021, the top suppliers of wheat and meslin flour and cereals to Guyana in value terms were Barbados (25.2% of imports), Jamaica (20.9%), and the Netherlands (18.7%). Their combined share reached 64.8% of total import value.

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

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