| Product Code: ETC7385975 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Guatemala saw a significant increase in automotive aluminum import shipments, with top exporters being Mexico, Italy, USA, China, and Colombia. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a notable growth rate of 86.83% in 2024. However, the compound annual growth rate (CAGR) from 2020-2024 was -23.48%, suggesting some challenges faced by the market in recent years. The continued strong presence of key exporting countries highlights the importance of strategic partnerships and trade relationships in the automotive aluminum sector in Guatemala.
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 Automotive Aluminum Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive Aluminum Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive Aluminum Market - Industry Life Cycle |
3.4 Guatemala Automotive Aluminum Market - Porter's Five Forces |
3.5 Guatemala Automotive Aluminum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Automotive Aluminum Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guatemala Automotive Aluminum Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Guatemala Automotive Aluminum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight vehicles to improve fuel efficiency |
4.2.2 Growing focus on reducing greenhouse gas emissions in the automotive sector |
4.2.3 Shift towards electric vehicles driving the need for aluminum components |
4.3 Market Restraints |
4.3.1 Fluctuating prices of aluminum raw materials |
4.3.2 Limited availability of skilled labor for manufacturing aluminum components |
4.3.3 High initial investment costs for transitioning to aluminum-based automotive manufacturing |
5 Guatemala Automotive Aluminum Market Trends |
6 Guatemala Automotive Aluminum Market, By Types |
6.1 Guatemala Automotive Aluminum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive Aluminum Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Automotive Aluminum Market Revenues & Volume, By Cast Aluminum, 2021- 2031F |
6.1.4 Guatemala Automotive Aluminum Market Revenues & Volume, By Rolled Aluminum, 2021- 2031F |
6.1.5 Guatemala Automotive Aluminum Market Revenues & Volume, By Extruded Aluminum, 2021- 2031F |
6.2 Guatemala Automotive Aluminum Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive Aluminum Market Revenues & Volume, By Powertrain, 2021- 2031F |
6.2.3 Guatemala Automotive Aluminum Market Revenues & Volume, By Chassis & Suspension, 2021- 2031F |
6.2.4 Guatemala Automotive Aluminum Market Revenues & Volume, By Car Body, 2021- 2031F |
6.3 Guatemala Automotive Aluminum Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive Aluminum Market Revenues & Volume, By Passenger Car, 2021- 2031F |
6.3.3 Guatemala Automotive Aluminum Market Revenues & Volume, By LCV, 2021- 2031F |
6.3.4 Guatemala Automotive Aluminum Market Revenues & Volume, By HCV, 2021- 2031F |
7 Guatemala Automotive Aluminum Market Import-Export Trade Statistics |
7.1 Guatemala Automotive Aluminum Market Export to Major Countries |
7.2 Guatemala Automotive Aluminum Market Imports from Major Countries |
8 Guatemala Automotive Aluminum Market Key Performance Indicators |
8.1 Weight reduction achieved in vehicles through aluminum usage |
8.2 Percentage of aluminum content in new vehicle models |
8.3 Adoption rate of aluminum-intensive vehicle designs |
8.4 Number of partnerships between automotive manufacturers and aluminum suppliers for new product development |
9 Guatemala Automotive Aluminum Market - Opportunity Assessment |
9.1 Guatemala Automotive Aluminum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Automotive Aluminum Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guatemala Automotive Aluminum Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Guatemala Automotive Aluminum Market - Competitive Landscape |
10.1 Guatemala Automotive Aluminum Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive Aluminum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |