| Product Code: ETC5224402 | 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 |
The motor vehicle parts import market in El Salvador experienced significant growth in 2024, with top exporting countries being China, Japan, USA, Taiwan, and South Korea. The market concentration, as measured by the HHI, increased from moderate to high in 2024, indicating a more competitive landscape. The impressive compound annual growth rate of 18.63% from 2020 to 2024 underscores the industry`s expansion. Moreover, the growth rate of 11.28% from 2023 to 2024 suggests continued momentum and opportunities for market players in the motor vehicle parts segment in El Salvador.

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 Motor Vehicle Parts Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Motor Vehicle Parts Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Motor Vehicle Parts Market - Industry Life Cycle |
3.4 El Salvador Motor Vehicle Parts Market - Porter's Five Forces |
3.5 El Salvador Motor Vehicle Parts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Motor Vehicle Parts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 El Salvador Motor Vehicle Parts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 El Salvador Motor Vehicle Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for motor vehicles in El Salvador |
4.2.2 Growth in the automotive industry leading to higher vehicle ownership |
4.2.3 Government initiatives promoting the automotive sector in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Economic instability affecting consumer purchasing power |
4.3.3 Lack of skilled labor in the automotive parts manufacturing sector |
5 El Salvador Motor Vehicle Parts Market Trends |
6 El Salvador Motor Vehicle Parts Market Segmentations |
6.1 El Salvador Motor Vehicle Parts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Body, Metal Stamping & Other Parts, 2021-2031F |
6.1.3 El Salvador Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Engine, Power Train & Parts, 2021-2031F |
6.1.4 El Salvador Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors, 2021-2031F |
6.2 El Salvador Motor Vehicle Parts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Motor Vehicle Parts Market Revenues & Volume, By Passenger Vehicle, 2021-2031F |
6.2.3 El Salvador Motor Vehicle Parts Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.4 El Salvador Motor Vehicle Parts Market Revenues & Volume, By Industrial Vehicle, 2021-2031F |
6.3 El Salvador Motor Vehicle Parts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Motor Vehicle Parts Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 El Salvador Motor Vehicle Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 El Salvador Motor Vehicle Parts Market Import-Export Trade Statistics |
7.1 El Salvador Motor Vehicle Parts Market Export to Major Countries |
7.2 El Salvador Motor Vehicle Parts Market Imports from Major Countries |
8 El Salvador Motor Vehicle Parts Market Key Performance Indicators |
8.1 Average age of vehicles in El Salvador |
8.2 Number of new vehicle registrations |
8.3 Automotive aftermarket size and growth |
8.4 Import/export volumes of motor vehicle parts |
8.5 Investment in infrastructure for the automotive industry |
9 El Salvador Motor Vehicle Parts Market - Opportunity Assessment |
9.1 El Salvador Motor Vehicle Parts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Motor Vehicle Parts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 El Salvador Motor Vehicle Parts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 El Salvador Motor Vehicle Parts Market - Competitive Landscape |
10.1 El Salvador Motor Vehicle Parts Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Motor Vehicle Parts 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.
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