| Product Code: ETC5404984 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Antigua and Barbuda`s automotive import shipments in 2024 continued to be dominated by key exporters such as Thailand, USA, China, Trinidad and Tobago, and Japan. The market saw a shift in market concentration from very high to high in 2024, indicating a more balanced distribution among importing countries. Despite a negative compound annual growth rate (CAGR) of -16.72% from 2020 to 2024, there was a notable growth rate of 15.83% from 2023 to 2024, suggesting a potential rebound in the automotive import market for Antigua and Barbuda.

The Automotive market in Antigua and Barbuda is projected to grow at a stable growth rate of 3.28% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Antigua and Barbuda Automotive Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Automotive Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Automotive Market - Industry Life Cycle |
3.4 Antigua and Barbuda Automotive Market - Porter's Five Forces |
3.5 Antigua and Barbuda Automotive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Antigua and Barbuda Automotive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in disposable income of the population |
4.2.2 Growth in tourism industry leading to higher demand for rental cars |
4.2.3 Expansion of road infrastructure in Antigua and Barbuda |
4.3 Market Restraints |
4.3.1 High import duties and taxes on vehicles |
4.3.2 Limited availability of financing options for vehicle purchase |
4.3.3 Small market size leading to limited economies of scale for automotive companies |
5 Antigua and Barbuda Automotive Market Trends |
6 Antigua and Barbuda Automotive Market Segmentations |
6.1 Antigua and Barbuda Automotive Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Automotive Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Antigua and Barbuda Automotive Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
6.1.4 Antigua and Barbuda Automotive Market Revenues & Volume, By Plug-In Hybrid Electric, 2021-2031F |
6.1.5 Antigua and Barbuda Automotive Market Revenues & Volume, By Mild Hybrid, 2021-2031F |
6.1.6 Antigua and Barbuda Automotive Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.7 Antigua and Barbuda Automotive Market Revenues & Volume, By Fuel Cell Electric, 2021-2031F |
6.1.9 Antigua and Barbuda Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
6.1.10 Antigua and Barbuda Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
7 Antigua and Barbuda Automotive Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Automotive Market Export to Major Countries |
7.2 Antigua and Barbuda Automotive Market Imports from Major Countries |
8 Antigua and Barbuda Automotive Market Key Performance Indicators |
8.1 Average age of vehicles on the road |
8.2 Number of vehicles per capita |
8.3 Average annual mileage per vehicle |
9 Antigua and Barbuda Automotive Market - Opportunity Assessment |
9.1 Antigua and Barbuda Automotive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Antigua and Barbuda Automotive Market - Competitive Landscape |
10.1 Antigua and Barbuda Automotive Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Automotive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |