| Product Code: ETC5047257 | 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 |
The Guatemala fireworks import market continues to thrive, with top exporters in 2024 including China, El Salvador, USA, and Spain. The market shows high concentration with a very high Herfindahl-Hirschman Index (HHI) in 2024. The impressive compound annual growth rate (CAGR) of 23.81% from 2020 to 2024 indicates a strong upward trend in demand. Additionally, the growth rate of 18.01% from 2023 to 2024 highlights sustained momentum in the market. Guatemala remains a key destination for fireworks imports, attracting products from diverse global sources.

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 Fireworks Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Fireworks Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Fireworks Market - Industry Life Cycle |
3.4 Guatemala Fireworks Market - Porter's Five Forces |
3.5 Guatemala Fireworks Market Revenues & Volume Share, By Type Coverage, 2021 & 2031F |
3.6 Guatemala Fireworks Market Revenues & Volume Share, By Application Coverage , 2021 & 2031F |
4 Guatemala Fireworks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Cultural events and celebrations in Guatemala that use fireworks extensively |
4.2.2 Growing popularity of fireworks displays for weddings and other private events |
4.2.3 Increasing disposable income and willingness to spend on entertainment and festivities |
4.3 Market Restraints |
4.3.1 Stringent regulations and safety concerns related to the use of fireworks |
4.3.2 Seasonal demand fluctuations based on holidays and festivals |
5 Guatemala Fireworks Market Trends |
6 Guatemala Fireworks Market Segmentations |
6.1 Guatemala Fireworks Market, By Type Coverage |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Fireworks Market Revenues & Volume, By Category A, 2021-2031F |
6.1.3 Guatemala Fireworks Market Revenues & Volume, By Category B, 2021-2031F |
6.1.4 Guatemala Fireworks Market Revenues & Volume, By Category C, 2021-2031F |
6.1.5 Guatemala Fireworks Market Revenues & Volume, By Category D, 2021-2031F |
6.2 Guatemala Fireworks Market, By Application Coverage |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Fireworks Market Revenues & Volume, By Government, 2021-2031F |
6.2.3 Guatemala Fireworks Market Revenues & Volume, By Company, 2021-2031F |
6.2.4 Guatemala Fireworks Market Revenues & Volume, By Individual, 2021-2031F |
6.2.5 Guatemala Fireworks Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Fireworks Market Import-Export Trade Statistics |
7.1 Guatemala Fireworks Market Export to Major Countries |
7.2 Guatemala Fireworks Market Imports from Major Countries |
8 Guatemala Fireworks Market Key Performance Indicators |
8.1 Number of permits issued for fireworks displays |
8.2 Average spending per household on fireworks during peak seasons |
8.3 Number of new vendors entering the fireworks market annually |
9 Guatemala Fireworks Market - Opportunity Assessment |
9.1 Guatemala Fireworks Market Opportunity Assessment, By Type Coverage, 2021 & 2031F |
9.2 Guatemala Fireworks Market Opportunity Assessment, By Application Coverage , 2021 & 2031F |
10 Guatemala Fireworks Market - Competitive Landscape |
10.1 Guatemala Fireworks Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Fireworks 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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