| Product Code: ETC7385534 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Guatemala`s procurement of armored vehicles saw significant import shipments from top exporters including Mexico, USA, Italy, China, and Brazil. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a notable compound annual growth rate (CAGR) of 56.44% from 2020 to 2024. The impressive growth rate of 37.0% from 2023 to 2024 suggests a continued upward trajectory in the demand for armored vehicles, reflecting the country`s focus on enhancing its defense capabilities through strategic imports.

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 Guatemala Armored Vehicles Procurement Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Armored Vehicles Procurement Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Armored Vehicles Procurement Market - Industry Life Cycle |
3.4 Guatemala Armored Vehicles Procurement Market - Porter's Five Forces |
3.5 Guatemala Armored Vehicles Procurement Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Guatemala Armored Vehicles Procurement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Guatemala Armored Vehicles Procurement Market Trends |
6 Guatemala Armored Vehicles Procurement Market, By Types |
6.1 Guatemala Armored Vehicles Procurement Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Armored Vehicles Procurement Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Guatemala Armored Vehicles Procurement Market Revenues & Volume, By Armored personnel carrier (APC), 2021- 2031F |
6.1.4 Guatemala Armored Vehicles Procurement Market Revenues & Volume, By Infantry fighting vehicle (IFV), 2021- 2031F |
6.1.5 Guatemala Armored Vehicles Procurement Market Revenues & Volume, By Mine-resistant ambush protected (MRAP), 2021- 2031F |
6.1.6 Guatemala Armored Vehicles Procurement Market Revenues & Volume, By Main battle tank (MBT), 2021- 2031F |
6.1.7 Guatemala Armored Vehicles Procurement Market Revenues & Volume, By Others, 2021- 2031F |
7 Guatemala Armored Vehicles Procurement Market Import-Export Trade Statistics |
7.1 Guatemala Armored Vehicles Procurement Market Export to Major Countries |
7.2 Guatemala Armored Vehicles Procurement Market Imports from Major Countries |
8 Guatemala Armored Vehicles Procurement Market Key Performance Indicators |
9 Guatemala Armored Vehicles Procurement Market - Opportunity Assessment |
9.1 Guatemala Armored Vehicles Procurement Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Guatemala Armored Vehicles Procurement Market - Competitive Landscape |
10.1 Guatemala Armored Vehicles Procurement Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Armored Vehicles Procurement 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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