| Product Code: ETC5164286 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
El Salvador`s automotive components import market saw significant growth in 2024, with top exporters including China, Japan, USA, Taiwan, and South Korea. The market concentration increased from moderate to high, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 19.09% from 2020 to 2024 highlights the sector`s expansion. Moreover, the growth rate of 15.87% from 2023 to 2024 suggests a continued upward trajectory for automotive components imports in El Salvador, presenting opportunities and challenges for industry players.

El Salvador's Automotive Components market is anticipated to experience a growing growth rate of 6.78% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Automotive Components Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Automotive Components Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Automotive Components Market - Industry Life Cycle |
3.4 El Salvador Automotive Components Market - Porter's Five Forces |
3.5 El Salvador Automotive Components Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 El Salvador Automotive Components Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 El Salvador Automotive Components Market Revenues & Volume Share, By Demand Category, 2021 & 2031F |
4 El Salvador Automotive Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in El Salvador |
4.2.2 Growth in the automotive industry in Central America |
4.2.3 Government initiatives to promote automotive manufacturing in the region |
4.3 Market Restraints |
4.3.1 High import tariffs on automotive components |
4.3.2 Limited domestic manufacturing capabilities |
4.3.3 Economic instability in the region affecting consumer purchasing power |
5 El Salvador Automotive Components Market Trends |
6 El Salvador Automotive Components Market Segmentations |
6.1 El Salvador Automotive Components Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Automotive Components Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 El Salvador Automotive Components Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.1.4 El Salvador Automotive Components Market Revenues & Volume, By Medium & Heavy Commercial Vehicle, 2021-2031F |
6.1.5 El Salvador Automotive Components Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
6.1.6 El Salvador Automotive Components Market Revenues & Volume, By Three-Wheeler, 2021-2031F |
6.1.7 El Salvador Automotive Components Market Revenues & Volume, By OTR, 2021-2031F |
6.2 El Salvador Automotive Components Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Automotive Components Market Revenues & Volume, By Engine Parts, 2021-2031F |
6.2.3 El Salvador Automotive Components Market Revenues & Volume, By Body & Chassis, 2021-2031F |
6.2.4 El Salvador Automotive Components Market Revenues & Volume, By Suspension & Brakes, 2021-2031F |
6.2.5 El Salvador Automotive Components Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021-2031F |
6.2.6 El Salvador Automotive Components Market Revenues & Volume, By Electrical Parts, 2021-2031F |
6.2.7 El Salvador Automotive Components Market Revenues & Volume, By Equipments, 2021-2031F |
6.3 El Salvador Automotive Components Market, By Demand Category |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Automotive Components Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 El Salvador Automotive Components Market Revenues & Volume, By Replacement, 2021-2031F |
7 El Salvador Automotive Components Market Import-Export Trade Statistics |
7.1 El Salvador Automotive Components Market Export to Major Countries |
7.2 El Salvador Automotive Components Market Imports from Major Countries |
8 El Salvador Automotive Components Market Key Performance Indicators |
8.1 Average age of vehicles on the road in El Salvador |
8.2 Number of automotive workshops and service centers in the country |
8.3 Percentage of vehicles using locally manufactured components |
9 El Salvador Automotive Components Market - Opportunity Assessment |
9.1 El Salvador Automotive Components Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 El Salvador Automotive Components Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 El Salvador Automotive Components Market Opportunity Assessment, By Demand Category, 2021 & 2031F |
10 El Salvador Automotive Components Market - Competitive Landscape |
10.1 El Salvador Automotive Components Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Automotive Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |