| Product Code: ETC5248487 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s bicycle tire import market in 2024 continued to be dominated by key exporting countries such as India, China, Panama, Hong Kong, and the USA. Despite a concerning high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a significant growth spurt with a remarkable growth rate of 108.02% in 2024. However, the compound annual growth rate (CAGR) from 2020 to 2024 showed a decline of -14.94%, suggesting potential challenges in sustaining growth over the long term. This dynamic market landscape highlights the importance of strategic planning and market diversification for stakeholders in the bicycle tire import industry in Guyana.

The Bicycle Tires market in Guyana is projected to grow at a exponential growth rate of 52.11% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Bicycle Tires Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Bicycle Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Bicycle Tires Market - Industry Life Cycle |
3.4 Guyana Bicycle Tires Market - Porter's Five Forces |
3.5 Guyana Bicycle Tires Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F |
3.6 Guyana Bicycle Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Guyana Bicycle Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F |
3.8 Guyana Bicycle Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Guyana Bicycle Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of cycling as a means of transport and recreation in Guyana |
4.2.2 Government initiatives promoting sustainable transportation methods like cycling |
4.2.3 Growing focus on health and fitness leading to higher demand for bicycles and related products |
4.3 Market Restraints |
4.3.1 Limited disposable income among the population affecting purchasing power for bicycle tires |
4.3.2 Lack of infrastructure for cycling, such as dedicated bike lanes, impacting the growth of the bicycle market in Guyana |
5 Guyana Bicycle Tires Market Trends |
6 Guyana Bicycle Tires Market Segmentations |
6.1 Guyana Bicycle Tires Market, By Bicycle Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Bicycle Tires Market Revenues & Volume, By Mountain, 2021-2031F |
6.1.3 Guyana Bicycle Tires Market Revenues & Volume, By Hybrid, 2021-2031F |
6.1.4 Guyana Bicycle Tires Market Revenues & Volume, By Electric, 2021-2031F |
6.1.5 Guyana Bicycle Tires Market Revenues & Volume, By Comfort, 2021-2031F |
6.1.6 Guyana Bicycle Tires Market Revenues & Volume, By Youth, 2021-2031F |
6.1.7 Guyana Bicycle Tires Market Revenues & Volume, By Cruiser, 2021-2031F |
6.2 Guyana Bicycle Tires Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana Bicycle Tires Market Revenues & Volume, By Tube Tire, 2021-2031F |
6.2.3 Guyana Bicycle Tires Market Revenues & Volume, By Tubeless Tire, 2021-2031F |
6.2.4 Guyana Bicycle Tires Market Revenues & Volume, By Solid Tire, 2021-2031F |
6.3 Guyana Bicycle Tires Market, By Tire Size |
6.3.1 Overview and Analysis |
6.3.2 Guyana Bicycle Tires Market Revenues & Volume, By Upto 12 inch, 2021-2031F |
6.3.3 Guyana Bicycle Tires Market Revenues & Volume, By 12 to 22 inch, 2021-2031F |
6.3.4 Guyana Bicycle Tires Market Revenues & Volume, By Above 22 inch, 2021-2031F |
6.4 Guyana Bicycle Tires Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Guyana Bicycle Tires Market Revenues & Volume, By OEM, 2021-2031F |
6.4.3 Guyana Bicycle Tires Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Guyana Bicycle Tires Market Import-Export Trade Statistics |
7.1 Guyana Bicycle Tires Market Export to Major Countries |
7.2 Guyana Bicycle Tires Market Imports from Major Countries |
8 Guyana Bicycle Tires Market Key Performance Indicators |
8.1 Number of cycling events and competitions held in Guyana |
8.2 Percentage of population using bicycles as a primary mode of transportation |
8.3 Investment in cycling infrastructure by the government |
9 Guyana Bicycle Tires Market - Opportunity Assessment |
9.1 Guyana Bicycle Tires Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F |
9.2 Guyana Bicycle Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Guyana Bicycle Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F |
9.4 Guyana Bicycle Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Guyana Bicycle Tires Market - Competitive Landscape |
10.1 Guyana Bicycle Tires Market Revenue Share, By Companies, 2024 |
10.2 Guyana Bicycle Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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