| Product Code: ETC7061481 | 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 |
El Salvador`s automobile import market saw significant growth in 2024, with top exporting countries including China, India, USA, Taiwan, and Mexico dominating the shipments. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive challenges. The impressive compound annual growth rate (CAGR) of 107.09% from 2020-24 highlights the increasing demand for imported automobiles in the country. Additionally, the growth rate of 89.38% from 2023-24 suggests a continued upward trend in the importation of vehicles, signaling opportunities and competition in the 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 El Salvador Automobile Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Automobile Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Automobile Market - Industry Life Cycle |
3.4 El Salvador Automobile Market - Porter's Five Forces |
3.5 El Salvador Automobile Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 El Salvador Automobile Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 El Salvador Automobile Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 El Salvador Automobile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population in El Salvador |
4.2.2 Growing urbanization leading to higher demand for personal transportation |
4.2.3 Government initiatives promoting the automotive industry in El Salvador |
4.3 Market Restraints |
4.3.1 High import tariffs on automobiles leading to increased prices |
4.3.2 Limited financing options for purchasing vehicles |
4.3.3 Lack of developed infrastructure and road networks in some regions of El Salvador |
5 El Salvador Automobile Market Trends |
6 El Salvador Automobile Market, By Types |
6.1 El Salvador Automobile Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Automobile Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 El Salvador Automobile Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 El Salvador Automobile Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.1.5 El Salvador Automobile Market Revenues & Volume, By Two-wheelers, 2021- 2031F |
6.1.6 El Salvador Automobile Market Revenues & Volume, By Three-wheelers, 2021- 2031F |
6.2 El Salvador Automobile Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Automobile Market Revenues & Volume, By Internal Combustion Engine, 2021- 2031F |
6.2.3 El Salvador Automobile Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.3 El Salvador Automobile Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Automobile Market Revenues & Volume, By New Vehicles, 2021- 2031F |
6.3.3 El Salvador Automobile Market Revenues & Volume, By Used Vehicles, 2021- 2031F |
7 El Salvador Automobile Market Import-Export Trade Statistics |
7.1 El Salvador Automobile Market Export to Major Countries |
7.2 El Salvador Automobile Market Imports from Major Countries |
8 El Salvador Automobile Market Key Performance Indicators |
8.1 Average age of vehicles on the road in El Salvador |
8.2 Number of new automobile registrations in El Salvador |
8.3 Average household expenditure on vehicle maintenance and repairs |
9 El Salvador Automobile Market - Opportunity Assessment |
9.1 El Salvador Automobile Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 El Salvador Automobile Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 El Salvador Automobile Market Opportunity Assessment, By Type, 2021 & 2031F |
10 El Salvador Automobile Market - Competitive Landscape |
10.1 El Salvador Automobile Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Automobile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |