| Product Code: ETC7405597 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of wind turbine castings to Guatemala in 2024 show a diversification in the top exporting countries, with Costa Rica, China, Spain, Mexico, and the USA leading the pack. The Herfindahl-Hirschman Index (HHI) indicates a shift from high to moderate concentration, suggesting increased market competitiveness. The impressive Compound Annual Growth Rate (CAGR) of 20.04% from 2020 to 2024 highlights the expanding market for wind turbine castings in Guatemala. Moreover, the notable growth rate of 23.16% from 2023 to 2024 signals a surge in demand and opportunities for importers in this sector.

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 Wind Turbine Casting Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Wind Turbine Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Wind Turbine Casting Market - Industry Life Cycle |
3.4 Guatemala Wind Turbine Casting Market - Porter's Five Forces |
3.5 Guatemala Wind Turbine Casting Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Wind Turbine Casting Market Revenues & Volume Share, By Casting Technology, 2021 & 2031F |
3.7 Guatemala Wind Turbine Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Wind Turbine Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government support and incentives for renewable energy projects in Guatemala |
4.2.2 Increasing focus on sustainable energy sources and reducing carbon footprint |
4.2.3 Growing investments in wind energy projects in Guatemala |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with wind turbine casting technology |
4.3.2 Lack of skilled labor and expertise in the wind turbine casting industry in Guatemala |
5 Guatemala Wind Turbine Casting Market Trends |
6 Guatemala Wind Turbine Casting Market, By Types |
6.1 Guatemala Wind Turbine Casting Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Wind Turbine Casting Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Wind Turbine Casting Market Revenues & Volume, By Horizontal Axis Turbine, 2021- 2031F |
6.1.4 Guatemala Wind Turbine Casting Market Revenues & Volume, By Vertical Axis Turbine, 2021- 2031F |
6.2 Guatemala Wind Turbine Casting Market, By Casting Technology |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Wind Turbine Casting Market Revenues & Volume, By Sand casting, 2021- 2031F |
6.2.3 Guatemala Wind Turbine Casting Market Revenues & Volume, By Chill casting, 2021- 2031F |
6.2.4 Guatemala Wind Turbine Casting Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Guatemala Wind Turbine Casting Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Wind Turbine Casting Market Revenues & Volume, By Onshore, 2021- 2031F |
6.3.3 Guatemala Wind Turbine Casting Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Guatemala Wind Turbine Casting Market Import-Export Trade Statistics |
7.1 Guatemala Wind Turbine Casting Market Export to Major Countries |
7.2 Guatemala Wind Turbine Casting Market Imports from Major Countries |
8 Guatemala Wind Turbine Casting Market Key Performance Indicators |
8.1 Average capacity factor of wind turbines in Guatemala |
8.2 Percentage of energy generated from wind sources in the country's total energy mix |
8.3 Number of new wind turbine installations in Guatemala |
8.4 Average lead time for wind turbine casting production and delivery |
8.5 Percentage of renewable energy projects in Guatemala utilizing locally produced wind turbine castings |
9 Guatemala Wind Turbine Casting Market - Opportunity Assessment |
9.1 Guatemala Wind Turbine Casting Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Wind Turbine Casting Market Opportunity Assessment, By Casting Technology, 2021 & 2031F |
9.3 Guatemala Wind Turbine Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Wind Turbine Casting Market - Competitive Landscape |
10.1 Guatemala Wind Turbine Casting Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Wind Turbine Casting 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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