| Product Code: ETC4938995 | 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 |
Guatemala`s automobile components import shipments in 2024 were mainly sourced from China, USA, Japan, Taiwan, and Mexico. The industry showed moderate concentration with a Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 25.0%, indicating a significant expansion in the market. Moreover, the growth rate from 2023 to 2024 was 10.17%, highlighting a continued upward trend in import demand for automobile components in Guatemala.

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 Automobile Components Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automobile Components Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automobile Components Market - Industry Life Cycle |
3.4 Guatemala Automobile Components Market - Porter's Five Forces |
3.5 Guatemala Automobile Components Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Automobile Components Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Guatemala Automobile Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in Guatemala |
4.2.2 Government initiatives promoting automotive industry growth |
4.2.3 Technological advancements in automobile components manufacturing |
4.3 Market Restraints |
4.3.1 High import duties on automobile components |
4.3.2 Volatility in raw material prices affecting manufacturing costs |
5 Guatemala Automobile Components Market Trends |
6 Guatemala Automobile Components Market Segmentations |
6.1 Guatemala Automobile Components Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automobile Components Market Revenues & Volume, By Flywheel, 2021-2031F |
6.1.3 Guatemala Automobile Components Market Revenues & Volume, By Pressure Plate, 2021-2031F |
6.1.4 Guatemala Automobile Components Market Revenues & Volume, By Clutch, 2021-2031F |
6.1.5 Guatemala Automobile Components Market Revenues & Volume, By Other, 2021-2031F |
6.2 Guatemala Automobile Components Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automobile Components Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.2.3 Guatemala Automobile Components Market Revenues & Volume, By Light Commercial Vehicles (LCV), 2021-2031F |
6.2.4 Guatemala Automobile Components Market Revenues & Volume, By Heavy Commercial Vehicles (HCV), 2021-2031F |
7 Guatemala Automobile Components Market Import-Export Trade Statistics |
7.1 Guatemala Automobile Components Market Export to Major Countries |
7.2 Guatemala Automobile Components Market Imports from Major Countries |
8 Guatemala Automobile Components Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Guatemala |
8.2 Number of new automobile registrations |
8.3 Investment in research and development for automobile components |
9 Guatemala Automobile Components Market - Opportunity Assessment |
9.1 Guatemala Automobile Components Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Automobile Components Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Guatemala Automobile Components Market - Competitive Landscape |
10.1 Guatemala Automobile Components Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automobile Components 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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