| Product Code: ETC5896576 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s automotive powertrain import shipments in 2024 continued to see significant growth, with the top exporting countries being the USA, China, Canada, Mexico, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with key players dominating the import landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 11.36%, showing sustained expansion. Moreover, the growth rate from 2023 to 2024 surged to 17.59%, signaling a rapid acceleration in import activity within the automotive powertrain sector in Guatemala.

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 Automotive Powertrain Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive Powertrain Market - Industry Life Cycle |
3.4 Guatemala Automotive Powertrain Market - Porter's Five Forces |
3.5 Guatemala Automotive Powertrain Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.6 Guatemala Automotive Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Guatemala Automotive Powertrain Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
4 Guatemala Automotive Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Guatemala |
4.2.2 Growing investments in automotive manufacturing and assembly plants |
4.2.3 Government initiatives promoting the adoption of electric vehicles in the country |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on automotive parts and components |
4.3.2 Limited availability of skilled labor in the automotive sector |
4.3.3 Infrastructure challenges such as poor road conditions impacting vehicle performance |
5 Guatemala Automotive Powertrain Market Trends |
6 Guatemala Automotive Powertrain Market Segmentations |
6.1 Guatemala Automotive Powertrain Market, By Position |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive Powertrain Market Revenues & Volume, By FWD, 2021-2031F |
6.1.3 Guatemala Automotive Powertrain Market Revenues & Volume, By RWD, 2021-2031F |
6.1.4 Guatemala Automotive Powertrain Market Revenues & Volume, By AWD, 2021-2031F |
6.2 Guatemala Automotive Powertrain Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive Powertrain Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Guatemala Automotive Powertrain Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Guatemala Automotive Powertrain Market Revenues & Volume, By HCV, 2021-2031F |
6.3 Guatemala Automotive Powertrain Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive Powertrain Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 Guatemala Automotive Powertrain Market Revenues & Volume, By Diesel, 2021-2031F |
7 Guatemala Automotive Powertrain Market Import-Export Trade Statistics |
7.1 Guatemala Automotive Powertrain Market Export to Major Countries |
7.2 Guatemala Automotive Powertrain Market Imports from Major Countries |
8 Guatemala Automotive Powertrain Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in Guatemala |
8.2 Adoption rate of electric vehicles in the market |
8.3 Investment flow into research and development for automotive powertrain technologies |
8.4 Number of automotive training programs and graduates available for the industry |
8.5 Improvement in road infrastructure and transportation efficiency in Guatemala |
9 Guatemala Automotive Powertrain Market - Opportunity Assessment |
9.1 Guatemala Automotive Powertrain Market Opportunity Assessment, By Position, 2021 & 2031F |
9.2 Guatemala Automotive Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Guatemala Automotive Powertrain Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
10 Guatemala Automotive Powertrain Market - Competitive Landscape |
10.1 Guatemala Automotive Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive Powertrain 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.
To discover high-growth global markets and optimize your business strategy:
Click Here