| Product Code: ETC5868646 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Guatemala witnessed a steady rise in automotive engine and engine mounts import shipments, with the top exporting countries being the USA, China, Mexico, Japan, and Germany. The market remained competitive with low concentration, indicating a diverse range of suppliers. The impressive compound annual growth rate (CAGR) of 16.32% from 2020 to 2024 reflects a robust demand for automotive engines in Guatemala. Moreover, the growth rate of 9.07% in 2024 highlights a sustained momentum in the market, signaling opportunities for further expansion and partnerships in the automotive industry.

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 Engine , Engine Mounts Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive Engine , Engine Mounts Market - Industry Life Cycle |
3.4 Guatemala Automotive Engine , Engine Mounts Market - Porter's Five Forces |
3.5 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.7 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Guatemala Automotive Engine , Engine Mounts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles |
4.2.2 Growth in automotive production and sales in Guatemala |
4.2.3 Technological advancements in engine and engine mount designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent government regulations on emissions and safety standards |
4.3.3 Economic instability affecting consumer purchasing power |
5 Guatemala Automotive Engine , Engine Mounts Market Trends |
6 Guatemala Automotive Engine , Engine Mounts Market Segmentations |
6.1 Guatemala Automotive Engine , Engine Mounts Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.3 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.4 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.5 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Guatemala Automotive Engine , Engine Mounts Market, By Engine Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By L4, 2021-2031F |
6.2.3 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By L6, 2021-2031F |
6.2.4 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By V6, 2021-2031F |
6.2.5 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By V8, 2021-2031F |
6.3 Guatemala Automotive Engine , Engine Mounts Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By PC, 2021-2031F |
6.3.3 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By LCV, 2021-2031F |
6.3.4 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By HCV, 2021-2031F |
6.3.5 Guatemala Automotive Engine , Engine Mounts Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
7 Guatemala Automotive Engine , Engine Mounts Market Import-Export Trade Statistics |
7.1 Guatemala Automotive Engine , Engine Mounts Market Export to Major Countries |
7.2 Guatemala Automotive Engine , Engine Mounts Market Imports from Major Countries |
8 Guatemala Automotive Engine , Engine Mounts Market Key Performance Indicators |
8.1 Average age of vehicles in Guatemala |
8.2 Adoption rate of hybrid and electric vehicles in the market |
8.3 Investment in research and development for engine technologies |
9 Guatemala Automotive Engine , Engine Mounts Market - Opportunity Assessment |
9.1 Guatemala Automotive Engine , Engine Mounts Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Guatemala Automotive Engine , Engine Mounts Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.3 Guatemala Automotive Engine , Engine Mounts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Guatemala Automotive Engine , Engine Mounts Market - Competitive Landscape |
10.1 Guatemala Automotive Engine , Engine Mounts Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive Engine , Engine Mounts 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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