| Product Code: ETC7393670 | 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 saw a steady increase in hemp-based products import shipments, with top exporting countries including Peru, China, India, Egypt, and Nicaragua. Despite a slightly negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained positive at 1.35%. With a low Herfindahl-Hirschman Index (HHI) indicating low concentration among suppliers, Guatemala`s hemp product market appears diverse and poised for further expansion in the coming years.

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 Hemp-Based Products Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Hemp-Based Products Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Hemp-Based Products Market - Industry Life Cycle |
3.4 Guatemala Hemp-Based Products Market - Porter's Five Forces |
3.5 Guatemala Hemp-Based Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Hemp-Based Products Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.7 Guatemala Hemp-Based Products Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Guatemala Hemp-Based Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and acceptance of hemp-based products for their health and wellness benefits |
4.2.2 Favorable government regulations and policies supporting the hemp industry |
4.2.3 Growing demand for sustainable and eco-friendly products in Guatemala |
4.3 Market Restraints |
4.3.1 Limited consumer knowledge and understanding of hemp-based products |
4.3.2 Lack of standardized quality control measures in the hemp industry |
4.3.3 Challenges in sourcing raw materials locally for hemp products |
5 Guatemala Hemp-Based Products Market Trends |
6 Guatemala Hemp-Based Products Market, By Types |
6.1 Guatemala Hemp-Based Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Hemp-Based Products Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Hemp-Based Products Market Revenues & Volume, By Food Products, 2021- 2031F |
6.1.4 Guatemala Hemp-Based Products Market Revenues & Volume, By Hemp CBD, 2021- 2031F |
6.1.5 Guatemala Hemp-Based Products Market Revenues & Volume, By Personal Care Products, 2021- 2031F |
6.1.6 Guatemala Hemp-Based Products Market Revenues & Volume, By Industrial Products, 2021- 2031F |
6.1.7 Guatemala Hemp-Based Products Market Revenues & Volume, By Food Supplements, 2021- 2031F |
6.1.8 Guatemala Hemp-Based Products Market Revenues & Volume, By Consumer Textiles, 2021- 2031F |
6.2 Guatemala Hemp-Based Products Market, By Price |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Hemp-Based Products Market Revenues & Volume, By Under US$ 50, 2021- 2031F |
6.2.3 Guatemala Hemp-Based Products Market Revenues & Volume, By US$ 50 - US$ 100, 2021- 2031F |
6.2.4 Guatemala Hemp-Based Products Market Revenues & Volume, By US$ 101 - US$ 200, 2021- 2031F |
6.2.5 Guatemala Hemp-Based Products Market Revenues & Volume, By Above US$ 200, 2021- 2031F |
6.3 Guatemala Hemp-Based Products Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Hemp-Based Products Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Guatemala Hemp-Based Products Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Guatemala Hemp-Based Products Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Guatemala Hemp-Based Products Market Import-Export Trade Statistics |
7.1 Guatemala Hemp-Based Products Market Export to Major Countries |
7.2 Guatemala Hemp-Based Products Market Imports from Major Countries |
8 Guatemala Hemp-Based Products Market Key Performance Indicators |
8.1 Number of new product launches in the hemp-based products market |
8.2 Percentage increase in consumer awareness and perception of hemp products |
8.3 Growth in the number of hemp cultivation and processing facilities in Guatemala |
9 Guatemala Hemp-Based Products Market - Opportunity Assessment |
9.1 Guatemala Hemp-Based Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Hemp-Based Products Market Opportunity Assessment, By Price, 2021 & 2031F |
9.3 Guatemala Hemp-Based Products Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Guatemala Hemp-Based Products Market - Competitive Landscape |
10.1 Guatemala Hemp-Based Products Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Hemp-Based Products 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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