| Product Code: ETC4842571 | 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 paprika import market in 2024 saw a notable presence of top exporters such as the USA, India, Saint Lucia, Canada, and China. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a remarkable compound annual growth rate (CAGR) of 41.34% from 2020 to 2024. However, there was a sharp decline in growth rate from 2023 to 2024, with a rate of -47.33%. These dynamics suggest both opportunities and challenges for stakeholders involved in the Guyana paprika import market.

By 2027, Guyana's Paprika market is forecasted to achieve a exponential growth rate of 57.35%, with Brazil leading the Latin America region, followed by Mexico, Argentina, Colombia and Chile.

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 Paprika Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Paprika Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Paprika Market - Industry Life Cycle |
3.4 Guyana Paprika Market - Porter's Five Forces |
3.5 Guyana Paprika Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Guyana Paprika Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Paprika Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of paprika |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Expansion of the food processing industry in Guyana |
4.3 Market Restraints |
4.3.1 Seasonal variations in paprika production |
4.3.2 Fluctuations in raw material prices |
4.3.3 Lack of advanced technology for paprika processing in Guyana |
5 Guyana Paprika Market Trends |
6 Guyana Paprika Market Segmentations |
6.1 Guyana Paprika Market, By Product |
6.1.1 Overview and Analysis | 6.1.3 Guyana Paprika Market Revenues & Volume, By Vegetable, 2021-2031F |
6.1.3 Guyana Paprika Market Revenues & Volume, By Spice Powder, 2021-2031F |
6.1.4 Guyana Paprika Market Revenues & Volume, By Paprika Oleoresin, 2021-2031F |
6.1.5 Guyana Paprika Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guyana Paprika Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Paprika Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Guyana Paprika Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Guyana Paprika Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.5 Guyana Paprika Market Revenues & Volume, By Others, 2021-2031F |
7 Guyana Paprika Market Import-Export Trade Statistics |
7.1 Guyana Paprika Market Export to Major Countries |
7.2 Guyana Paprika Market Imports from Major Countries |
8 Guyana Paprika Market Key Performance Indicators |
8.1 Percentage increase in paprika exports from Guyana |
8.2 Number of new product launches incorporating paprika |
8.3 Adoption rate of sustainable farming practices in paprika cultivation |
9 Guyana Paprika Market - Opportunity Assessment |
9.1 Guyana Paprika Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Guyana Paprika Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Paprika Market - Competitive Landscape |
10.1 Guyana Paprika Market Revenue Share, By Companies, 2024 |
10.2 Guyana Paprika 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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