Page 110 - SAC-Gender-Responsive-Market-Analysis-Final-Report-July-19-2021 (1)

3. Markets

Guyana income opportunity

This table illustrates the key incremental income opportunities with the shortlist of products for Guyana:

• Key opportunities are summarized (incremental ‘domestic production’ but also ‘import substitution’)

• The potential value of domestic production to meet demand is illustrated as ‘domestic potential’ and ‘value’
• Based on average yields and acreage this translates to ‘income’ and ‘profit potential’ per farmer each year.

Women & Youth Vegetables Fruit
Income opportunity Sweet
(USD) Cabbage Cauliflower Sweetcorn Cucumber Pepper Guava Passion fruit Cherry Mangoes Pineapples
income potential
Import Import Import Domestic Import Domestic Domestic Domestic Domestic Domestic
Key opportunity
substitution substitution substitution production substitution production production production production production
import volume (MT) 91 74 1,123 3,440 49 664 6,789 2,700 8,368 29,944
import value (USD) $ 157,000 $ 176,907 $ 1,398,000 $ 819,048 $ 111,000 $ 488,788 $ 6,313,770 $ 5,206,950 $ 12,242,384 $ 16,123,692
import value CIF (USD/kg) $ 1.73 $ 2.39 $ 1.24 $ 0.24 $ 2.27 $ 0.74 $ 0.93 $ 1.93 $ 1.46 $ 0.54
domestic value (USD/kg) $ 1.83 $ 1.94 $ 1.47 $ 0.66 $ 2.37 $ 0.66 $ 1.88 $ 2.03 $ 1.54 $ 0.72
total domestic potential (MT) 91 74 1,123 860 49 166 1,697 675 2,092 2,994
total domestic value (USD) $ 166,530 $ 143,826 $ 1,650,810 $ 567,600 $ 116,130 $ 109,610 $ 3,190,830 $ 1,370,250 $ 3,221,680 $ 2,155,968
acreage per farmer (Acre) 0.50 0.50 1.00 0.50 0.25 1.00 1.00 1.00 1.00 1.00
yield per acre (kg) 8,139 8,181 7,500 16,754 11,242 26,305 5,565 10,117 7,285 7,790
yield (Kg p.a.) @10/20% wastage 3,662 3,681 6,750 6,702 2,248 18,414 3,895 7,082 5,828 6,232
Av Income potential per farmer p.a. $ 6,702 $ 7,155 $ 9,923 $ 4,423 $ 5,329 $ 12,153 $ 7,323 $ 14,377 $ 8,975 $ 4,487
Av Profit potential per farmer p.a. $ 3,951 $ 4,566 $ 5,661 $ 462 $ 3,028 $ 2,010 $ 4,132 $ 9,678 $ 5,273 $ 385
Farmer acceptance % 66% 58% 73% 85% 96% 58% 83% 80% 58% 49%

This suggests a focus on a number of key crops to maximise income potential per farmer:

• Vegetables: Cabbage, Cauliflower, Sweetcorn and Sweet Pepper
• Fruits: Passion fruit, Cherry, Mango

Sustainable Agriculture in the Caribbean (SAC) Project

Slide 110