| Product Code: ETC7400366 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala`s powersports import market continues to see significant growth, with top exporters like China, USA, and Japan dominating the scene. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024. With a remarkable compound annual growth rate (CAGR) of 41.48% from 2020 to 2024 and a notable growth rate of 31.43% from 2023 to 2024, the powersports industry in Guatemala is thriving and attracting imports from key player countries. This trend suggests a strong demand for powersports products in the Guatemalan market.

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 Powersports Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Powersports Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Powersports Market - Industry Life Cycle |
3.4 Guatemala Powersports Market - Porter's Five Forces |
3.5 Guatemala Powersports Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Guatemala Powersports Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Guatemala Powersports Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Powersports Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Guatemala |
4.2.2 Growing popularity of outdoor recreational activities |
4.2.3 Rise in tourism leading to higher demand for powersports vehicles |
4.3 Market Restraints |
4.3.1 High import tariffs on powersports vehicles |
4.3.2 Limited availability of financing options for purchasing powersports vehicles |
5 Guatemala Powersports Market Trends |
6 Guatemala Powersports Market, By Types |
6.1 Guatemala Powersports Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Powersports Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Guatemala Powersports Market Revenues & Volume, By All-Terrain Vehicles (ATV), 2021- 2031F |
6.1.4 Guatemala Powersports Market Revenues & Volume, By Side-By-Side Vehicles, 2021- 2031F |
6.1.5 Guatemala Powersports Market Revenues & Volume, By Snowmobiles, 2021- 2031F |
6.1.6 Guatemala Powersports Market Revenues & Volume, By Personal Watercraft, 2021- 2031F |
6.1.7 Guatemala Powersports Market Revenues & Volume, By Heavyweight Motorcycle, 2021- 2031F |
6.2 Guatemala Powersports Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Powersports Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.2.3 Guatemala Powersports Market Revenues & Volume, By Electric, 2021- 2031F |
6.2.4 Guatemala Powersports Market Revenues & Volume, By Diesel, 2021- 2031F |
6.3 Guatemala Powersports Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Powersports Market Revenues & Volume, By On-Road, 2021- 2031F |
6.3.3 Guatemala Powersports Market Revenues & Volume, By Off-Road, 2021- 2031F |
7 Guatemala Powersports Market Import-Export Trade Statistics |
7.1 Guatemala Powersports Market Export to Major Countries |
7.2 Guatemala Powersports Market Imports from Major Countries |
8 Guatemala Powersports Market Key Performance Indicators |
8.1 Number of powersports events and exhibitions in Guatemala |
8.2 Growth in the number of powersports dealerships in the country |
8.3 Percentage increase in online searches for powersports vehicles and accessories in Guatemala |
9 Guatemala Powersports Market - Opportunity Assessment |
9.1 Guatemala Powersports Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Guatemala Powersports Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Guatemala Powersports Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Powersports Market - Competitive Landscape |
10.1 Guatemala Powersports Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Powersports 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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