Key Market Indicators
Guyana is set to see its aircraft parts import reach $11.6 million by 2026, up from $8.9 million in 2021. This represents a year-on-year growth rate of 4.1%. Since 1997, the country's demand for parts has jumped 13.8% each year. In 2021, Guyana was ranked 78th, with Mozambique coming in at 77th with $8.9 million. France, Germany and Singapore came second, third and fourth respectively. Meanwhile, Guyana's aircraft parts export is expected to hit $1.2 million by 2026, up from $940,310 in 2021. This is an average year-on-year growth rate of 3.1%. Since 2004, the country's supply has decreased 6.8% per year. In 2021, Guyana was ranked 79th, with Namibia at 78th with $940,310. Germany, Singapore and France came second, third and fourth respectively.