| Product Code: ETC7415293 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s hemp oil import shipments in 2024 continued to be dominated by key exporters such as Canada, USA, India, China, and the UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 was a strong 20.95%, with a notable growth rate of 108.19% from 2023 to 2024, demonstrating a significant expansion in import volumes during the period. This data suggests a growing demand for hemp oil in Guyana and highlights the importance of these key exporting countries in meeting that demand.

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 Hemp Oil Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Hemp Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Hemp Oil Market - Industry Life Cycle |
3.4 Guyana Hemp Oil Market - Porter's Five Forces |
3.5 Guyana Hemp Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guyana Hemp Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Hemp Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of hemp oil |
4.2.2 Growing adoption of hemp oil in various industries such as food, cosmetics, and pharmaceuticals |
4.2.3 Favorable government regulations supporting the cultivation and production of hemp oil in Guyana |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality hemp seeds for oil extraction |
4.3.2 Lack of standardized regulations for hemp oil production and distribution in Guyana |
4.3.3 Competition from other alternative oils in the market |
5 Guyana Hemp Oil Market Trends |
6 Guyana Hemp Oil Market, By Types |
6.1 Guyana Hemp Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Hemp Oil Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Guyana Hemp Oil Market Revenues & Volume, By CBD Oil, 2021- 2031F |
6.1.4 Guyana Hemp Oil Market Revenues & Volume, By Hemp Essential Oil, 2021- 2031F |
6.1.5 Guyana Hemp Oil Market Revenues & Volume, By Hemp Seed Oil, 2021- 2031F |
6.2 Guyana Hemp Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Hemp Oil Market Revenues & Volume, By Personal Care Products, 2021- 2031F |
6.2.3 Guyana Hemp Oil Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 Guyana Hemp Oil Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.2.5 Guyana Hemp Oil Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.6 Guyana Hemp Oil Market Revenues & Volume, By Industrial Uses, 2021- 2031F |
6.2.7 Guyana Hemp Oil Market Revenues & Volume, By Others, 2021- 2031F |
7 Guyana Hemp Oil Market Import-Export Trade Statistics |
7.1 Guyana Hemp Oil Market Export to Major Countries |
7.2 Guyana Hemp Oil Market Imports from Major Countries |
8 Guyana Hemp Oil Market Key Performance Indicators |
8.1 Number of new hemp oil products launched in the market |
8.2 Growth in the number of hemp oil cultivation and processing facilities in Guyana |
8.3 Increase in research and development investments in hemp oil technology and innovation |
9 Guyana Hemp Oil Market - Opportunity Assessment |
9.1 Guyana Hemp Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guyana Hemp Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Hemp Oil Market - Competitive Landscape |
10.1 Guyana Hemp Oil Market Revenue Share, By Companies, 2024 |
10.2 Guyana Hemp Oil 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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