| Product Code: ETC7405623 | 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 |
Despite a slight decline in growth rate from 2023 to 2024, Guatemala continues to see a strong demand for windsurfing equipment imports. The top exporting countries to Guatemala in 2024 are China, USA, Canada, Malaysia, and Italy, indicating a diversified source of products. The high Herfindahl-Hirschman Index (HHI) concentration suggests a competitive market landscape. With a notable compound annual growth rate (CAGR) of 16.17% from 2020 to 2024, the windsurfing equipment industry in Guatemala demonstrates promising opportunities for both domestic and international suppliers.

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 Windsurfing Equipment Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Windsurfing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Windsurfing Equipment Market - Industry Life Cycle |
3.4 Guatemala Windsurfing Equipment Market - Porter's Five Forces |
3.5 Guatemala Windsurfing Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Windsurfing Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Windsurfing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in water sports and outdoor activities among Guatemalans |
4.2.2 Increasing disposable income leading to higher spending on leisure activities |
4.2.3 Rise in tourism and popularity of windsurfing as a recreational sport in Guatemala |
4.3 Market Restraints |
4.3.1 Limited awareness and availability of windsurfing equipment in Guatemala |
4.3.2 High import duties and taxes on sports equipment impacting affordability for consumers |
4.3.3 Lack of infrastructure and facilities for windsurfing activities in certain regions of Guatemala |
5 Guatemala Windsurfing Equipment Market Trends |
6 Guatemala Windsurfing Equipment Market, By Types |
6.1 Guatemala Windsurfing Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Windsurfing Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Windsurfing Equipment Market Revenues & Volume, By Windsurfing Board, 2021- 2031F |
6.1.4 Guatemala Windsurfing Equipment Market Revenues & Volume, By Windsurfing Sail, 2021- 2031F |
6.2 Guatemala Windsurfing Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Windsurfing Equipment Market Revenues & Volume, By Sport Stores, 2021- 2031F |
6.2.3 Guatemala Windsurfing Equipment Market Revenues & Volume, By Franchised Stores, 2021- 2031F |
6.2.4 Guatemala Windsurfing Equipment Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
7 Guatemala Windsurfing Equipment Market Import-Export Trade Statistics |
7.1 Guatemala Windsurfing Equipment Market Export to Major Countries |
7.2 Guatemala Windsurfing Equipment Market Imports from Major Countries |
8 Guatemala Windsurfing Equipment Market Key Performance Indicators |
8.1 Number of windsurfing events and competitions held in Guatemala |
8.2 Percentage growth in the number of windsurfing schools and training centers in the country |
8.3 Average annual spending per capita on windsurfing equipment and related accessories in Guatemala |
9 Guatemala Windsurfing Equipment Market - Opportunity Assessment |
9.1 Guatemala Windsurfing Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Windsurfing Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Windsurfing Equipment Market - Competitive Landscape |
10.1 Guatemala Windsurfing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Windsurfing Equipment 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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