| Product Code: ETC5091812 | 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 aluminum wire import market in Guatemala continues to be dominated by key players such as China, USA, Colombia, Canada, and Spain in 2024. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the market shows impressive growth with a compound annual growth rate (CAGR) of 32.71% from 2020 to 2024. Notably, the growth rate spiked significantly in 2024 by 144.51%, indicating a rapidly expanding market that presents opportunities for both local distributors and foreign suppliers looking to capitalize on the growing demand for aluminum wire in Guatemala.

Guatemala's Aluminum Wire market is anticipated to experience a negative growth rate of -1.14% 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 Guatemala Aluminum Wire Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Aluminum Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Aluminum Wire Market - Industry Life Cycle |
3.4 Guatemala Aluminum Wire Market - Porter's Five Forces |
3.5 Guatemala Aluminum Wire Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Guatemala Aluminum Wire Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Guatemala Aluminum Wire Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Aluminum Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in Guatemala leading to higher demand for aluminum wire in construction projects. |
4.2.2 Growing investments in renewable energy projects, such as wind and solar, driving demand for aluminum wire for transmission and distribution purposes. |
4.2.3 Government initiatives promoting the use of aluminum wire due to its lightweight and corrosion-resistant properties. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of aluminum wire. |
4.3.2 Competition from alternative materials like copper impacting the market share of aluminum wire. |
4.3.3 Challenges in recycling aluminum wire leading to environmental concerns and disposal issues. |
5 Guatemala Aluminum Wire Market Trends |
6 Guatemala Aluminum Wire Market Segmentations |
6.1 Guatemala Aluminum Wire Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Aluminum Wire Market Revenues & Volume, By Electrical, 2021-2031F |
6.1.3 Guatemala Aluminum Wire Market Revenues & Volume, By Alloy, 2021-2031F |
6.1.4 Guatemala Aluminum Wire Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2 Guatemala Aluminum Wire Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Aluminum Wire Market Revenues & Volume, By Enameled, 2021-2031F |
6.2.3 Guatemala Aluminum Wire Market Revenues & Volume, By Paper Insulated, 2021-2031F |
6.2.4 Guatemala Aluminum Wire Market Revenues & Volume, By Fiber Glass Insulated, 2021-2031F |
6.2.5 Guatemala Aluminum Wire Market Revenues & Volume, By Nomex Insulated, 2021-2031F |
6.2.6 Guatemala Aluminum Wire Market Revenues & Volume, By Mica Insulated, 2021-2031F |
6.2.7 Guatemala Aluminum Wire Market Revenues & Volume, By Cotton Insulated, 2021-2031F |
6.3 Guatemala Aluminum Wire Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Aluminum Wire Market Revenues & Volume, By Automobile, 2021-2031F |
6.3.3 Guatemala Aluminum Wire Market Revenues & Volume, By Circuit Breakers, 2021-2031F |
6.3.4 Guatemala Aluminum Wire Market Revenues & Volume, By Switches & Meters, 2021-2031F |
6.3.5 Guatemala Aluminum Wire Market Revenues & Volume, By Home Electrical Appliances, 2021-2031F |
6.3.6 Guatemala Aluminum Wire Market Revenues & Volume, By Motors, 2021-2031F |
6.3.7 Guatemala Aluminum Wire Market Revenues & Volume, By Rotating machine, 2021-2031F |
6.3.8 Guatemala Aluminum Wire Market Revenues & Volume, By Shipping, 2021-2031F |
6.3.9 Guatemala Aluminum Wire Market Revenues & Volume, By Shipping, 2021-2031F |
7 Guatemala Aluminum Wire Market Import-Export Trade Statistics |
7.1 Guatemala Aluminum Wire Market Export to Major Countries |
7.2 Guatemala Aluminum Wire Market Imports from Major Countries |
8 Guatemala Aluminum Wire Market Key Performance Indicators |
8.1 Average selling price of aluminum wire in Guatemala. |
8.2 Percentage increase in demand for aluminum wire in the construction sector. |
8.3 Adoption rate of aluminum wire in renewable energy projects in Guatemala. |
8.4 Efficiency of aluminum wire recycling processes in the market. |
8.5 Number of government policies promoting the use of aluminum wire in various applications. |
9 Guatemala Aluminum Wire Market - Opportunity Assessment |
9.1 Guatemala Aluminum Wire Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Guatemala Aluminum Wire Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Guatemala Aluminum Wire Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Aluminum Wire Market - Competitive Landscape |
10.1 Guatemala Aluminum Wire Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Aluminum Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |