Key Market Indicators
According to the latest figures, Guyanese home appliance imports and exports set to reach $1.6 billion by 2026. Imports are projected to grow 2.7% year on year, on average, from $988,060 in 2021 to $1.16 billion by 2026. In 2021, Guyana was number 118 in the ranking, while Madagascar overtook it with $988,060. Germany, Japan and France held the 2nd, 3rd and 4th spots, respectively. On the export side, Guyana is slated to see a 24.5% year on year decrease in its home appliance exports, from $1,950 in 2021 to $419.8 by 2026. Since 2002, the country's supply fell 13.6% year on year. In 2021, Mongolia overtook Guyana with $1,950, while Germany, Malaysia and the United States took the 2nd, 3rd and 4th spots, respectively.