| Product Code: ETC5085417 | 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 |
In 2024, El Salvador saw a notable increase in commercial vehicles import shipments, with top exporting countries being Japan, Brazil, South Korea, USA, and China. Despite a high Herfindahl-Hirschman Index (HHI) concentration in 2023 that remained high in 2024, the industry demonstrated a strong Compound Annual Growth Rate (CAGR) of 14.02% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -15.29%. This data suggests a robust market for commercial vehicles in El Salvador, with continued interest from key exporting nations.

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 Commercial vehicles Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Commercial vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Commercial vehicles Market - Industry Life Cycle |
3.4 El Salvador Commercial vehicles Market - Porter's Five Forces |
3.5 El Salvador Commercial vehicles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 El Salvador Commercial vehicles Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 El Salvador Commercial vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects driving demand for commercial vehicles |
4.2.2 Increasing urbanization and industrialization leading to higher transportation needs |
4.2.3 Government initiatives promoting commercial vehicle usage and investment in transportation infrastructure |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations affecting purchasing power and investment decisions |
4.3.2 Lack of financing options for commercial vehicle purchases |
4.3.3 High import tariffs and taxes impacting the cost of commercial vehicles |
5 El Salvador Commercial vehicles Market Trends |
6 El Salvador Commercial vehicles Market Segmentations |
6.1 El Salvador Commercial vehicles Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Commercial vehicles Market Revenues & Volume, By Light Commercial Vehicles (LCVs), 2021-2031F |
6.1.3 El Salvador Commercial vehicles Market Revenues & Volume, By Heavy Trucks, 2021-2031F |
6.1.4 El Salvador Commercial vehicles Market Revenues & Volume, By Buses & Coaches, 2021-2031F |
6.2 El Salvador Commercial vehicles Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Commercial vehicles Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 El Salvador Commercial vehicles Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.2.4 El Salvador Commercial vehicles Market Revenues & Volume, By Logistics, 2021-2031F |
6.2.5 El Salvador Commercial vehicles Market Revenues & Volume, By Passenger Transportation, 2021-2031F |
6.2.6 El Salvador Commercial vehicles Market Revenues & Volume, By Others, 2021-2031F |
7 El Salvador Commercial vehicles Market Import-Export Trade Statistics |
7.1 El Salvador Commercial vehicles Market Export to Major Countries |
7.2 El Salvador Commercial vehicles Market Imports from Major Countries |
8 El Salvador Commercial vehicles Market Key Performance Indicators |
8.1 Average age of commercial vehicle fleet in El Salvador |
8.2 Number of new commercial vehicle registrations |
8.3 Growth rate of logistics and transportation sector in El Salvador |
9 El Salvador Commercial vehicles Market - Opportunity Assessment |
9.1 El Salvador Commercial vehicles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 El Salvador Commercial vehicles Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 El Salvador Commercial vehicles Market - Competitive Landscape |
10.1 El Salvador Commercial vehicles Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Commercial vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |