| Product Code: ETC4707044 | 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 shrimp import shipments in 2024 continued to be dominated by top exporting countries including Suriname, Trinidad and Tobago, USA, Aruba, and Netherlands. The high Herfindahl-Hirschman Index (HHI) concentration indicates a significant market share held by these countries. The impressive compound annual growth rate (CAGR) of 77.56% from 2020 to 2024 showcases the expanding demand for shrimp imports in Guyana. Moreover, the growth rate of 53.32% from 2023 to 2024 highlights the sustained momentum in the market. This data suggests a robust and thriving shrimp import sector in Guyana.

By 2027, the Shrimp market in Guyana is anticipated to reach a growth rate of 55.59%, as part of an increasingly competitive Latin America region, where Brazil remains at the forefront, supported by Mexico, Argentina, Colombia and Chile, driving innovations and market adoption across sectors.

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 Shrimp Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Shrimp Market - Industry Life Cycle |
3.4 Guyana Shrimp Market - Porter's Five Forces |
3.5 Guyana Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Guyana Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Guyana Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Guyana Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Guyana Shrimp Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for shrimp in international markets |
4.2.2 Increasing focus on sustainable and eco-friendly shrimp farming practices |
4.2.3 Favorable government policies supporting shrimp farming industry in Guyana |
4.3 Market Restraints |
4.3.1 Fluctuating prices of shrimp in the global market |
4.3.2 Environmental challenges such as climate change impacting shrimp production |
4.3.3 Competition from other shrimp-producing countries |
5 Guyana Shrimp Market Trends |
6 Guyana Shrimp Market Segmentations |
6.1 Guyana Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Guyana Shrimp Market Revenues & Volume, By Gulf Shrimps, 2021-2031F |
6.1.3 Guyana Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2021-2031F |
6.1.4 Guyana Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2021-2031F |
6.1.5 Guyana Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2021-2031F |
6.1.6 Guyana Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2021-2031F |
6.1.7 Guyana Shrimp Market Revenues & Volume, By Blue Shrimps, 2021-2031F |
6.2 Guyana Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Guyana Shrimp Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Guyana Shrimp Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Guyana Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Guyana Shrimp Market Revenues & Volume, By Canned, 2021-2031F |
6.3.3 Guyana Shrimp Market Revenues & Volume, By ? Breaded, 2021-2031F |
6.3.4 Guyana Shrimp Market Revenues & Volume, By Peeled, 2021-2031F |
6.3.5 Guyana Shrimp Market Revenues & Volume, By Cooked & Peeled, 2021-2031F |
6.3.6 Guyana Shrimp Market Revenues & Volume, By Shell-On, 2021-2031F |
6.3.7 Guyana Shrimp Market Revenues & Volume, By Frozen, 2021-2031F |
6.4 Guyana Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Guyana Shrimp Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Guyana Shrimp Market Revenues & Volume, By Indirect, 2021-2031F |
6.5 Guyana Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Guyana Shrimp Market Revenues & Volume, By Food, 2021-2031F |
6.5.3 Guyana Shrimp Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.5.4 Guyana Shrimp Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.5.5 Guyana Shrimp Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Guyana Shrimp Market Revenues & Volume, By Biotechnology, 2021-2031F |
7 Guyana Shrimp Market Import-Export Trade Statistics |
7.1 Guyana Shrimp Market Export to Major Countries |
7.2 Guyana Shrimp Market Imports from Major Countries |
8 Guyana Shrimp Market Key Performance Indicators |
8.1 Average size and weight of harvested shrimp |
8.2 Percentage of shrimp farms adopting sustainable practices |
8.3 Efficiency of shrimp processing and packaging operations |
8.4 Shrimp farm productivity (yield per acre) |
8.5 Number of new markets penetrated for Guyana shrimp |
9 Guyana Shrimp Market - Opportunity Assessment |
9.1 Guyana Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Guyana Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Guyana Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Guyana Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Guyana Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Shrimp Market - Competitive Landscape |
10.1 Guyana Shrimp Market Revenue Share, By Companies, 2024 |
10.2 Guyana Shrimp 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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