| Product Code: ETC7386109 | 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 | |
Guatemala`s automotive engine oil import market saw significant growth in 2024, with top exporting countries being the USA, Mexico, Netherlands, Spain, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 81.4% from 2020 to 2024 highlights the increasing demand for engine oil in Guatemala. Despite a slight slowdown in growth rate from 2023 to 2024 at 0.39%, the market remains robust and attractive for international suppliers.
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 Oil Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive Engine Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive Engine Oil Market - Industry Life Cycle |
3.4 Guatemala Automotive Engine Oil Market - Porter's Five Forces |
3.5 Guatemala Automotive Engine Oil Market Revenues & Volume Share, By Engine Oil Type, 2021 & 2031F |
3.6 Guatemala Automotive Engine Oil Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.7 Guatemala Automotive Engine Oil Market Revenues & Volume Share, By Grade of Engine Oil, 2021 & 2031F |
3.8 Guatemala Automotive Engine Oil Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Guatemala Automotive Engine Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Guatemala Automotive Engine Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle sales and vehicle ownership in Guatemala |
4.2.2 Growing awareness about the importance of regular engine maintenance |
4.2.3 Rising disposable income leading to higher spending on automotive maintenance |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices affecting the cost of raw materials for engine oil production |
4.3.2 Environmental concerns leading to a shift towards electric vehicles and alternative fuels |
5 Guatemala Automotive Engine Oil Market Trends |
6 Guatemala Automotive Engine Oil Market, By Types |
6.1 Guatemala Automotive Engine Oil Market, By Engine Oil Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive Engine Oil Market Revenues & Volume, By Engine Oil Type, 2021- 2031F |
6.1.3 Guatemala Automotive Engine Oil Market Revenues & Volume, By Mineral Oil, 2021- 2031F |
6.1.4 Guatemala Automotive Engine Oil Market Revenues & Volume, By Semi-synthetic Oil, 2021- 2031F |
6.1.5 Guatemala Automotive Engine Oil Market Revenues & Volume, By Fully-synthetic Oil, 2021- 2031F |
6.2 Guatemala Automotive Engine Oil Market, By Engine Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive Engine Oil Market Revenues & Volume, By Gasoline Engine, 2021- 2031F |
6.2.3 Guatemala Automotive Engine Oil Market Revenues & Volume, By Diesel Engine, 2021- 2031F |
6.2.4 Guatemala Automotive Engine Oil Market Revenues & Volume, By Alternative Engine, 2021- 2031F |
6.3 Guatemala Automotive Engine Oil Market, By Grade of Engine Oil |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive Engine Oil Market Revenues & Volume, By 5W-20, 2021- 2031F |
6.3.3 Guatemala Automotive Engine Oil Market Revenues & Volume, By 5W-30, 2021- 2031F |
6.3.4 Guatemala Automotive Engine Oil Market Revenues & Volume, By 5W-40, 2021- 2031F |
6.3.5 Guatemala Automotive Engine Oil Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Guatemala Automotive Engine Oil Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Automotive Engine Oil Market Revenues & Volume, By Two Wheelers, 2021- 2031F |
6.4.3 Guatemala Automotive Engine Oil Market Revenues & Volume, By Three Wheelers, 2021- 2031F |
6.4.4 Guatemala Automotive Engine Oil Market Revenues & Volume, By Passenger Vehicles, 2021- 2031F |
6.4.5 Guatemala Automotive Engine Oil Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.4.6 Guatemala Automotive Engine Oil Market Revenues & Volume, By Heavy Duty Trucks, 2021- 2031F |
6.4.7 Guatemala Automotive Engine Oil Market Revenues & Volume, By Buses & Coaches, 2021- 2031F |
6.5 Guatemala Automotive Engine Oil Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Guatemala Automotive Engine Oil Market Revenues & Volume, By OEM, 2021- 2031F |
6.5.3 Guatemala Automotive Engine Oil Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Guatemala Automotive Engine Oil Market Import-Export Trade Statistics |
7.1 Guatemala Automotive Engine Oil Market Export to Major Countries |
7.2 Guatemala Automotive Engine Oil Market Imports from Major Countries |
8 Guatemala Automotive Engine Oil Market Key Performance Indicators |
8.1 Average age of vehicles in Guatemala |
8.2 Number of authorized service centers offering engine oil change services |
8.3 Frequency of engine oil change per vehicle annually |
9 Guatemala Automotive Engine Oil Market - Opportunity Assessment |
9.1 Guatemala Automotive Engine Oil Market Opportunity Assessment, By Engine Oil Type, 2021 & 2031F |
9.2 Guatemala Automotive Engine Oil Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.3 Guatemala Automotive Engine Oil Market Opportunity Assessment, By Grade of Engine Oil, 2021 & 2031F |
9.4 Guatemala Automotive Engine Oil Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.5 Guatemala Automotive Engine Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Guatemala Automotive Engine Oil Market - Competitive Landscape |
10.1 Guatemala Automotive Engine Oil Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive Engine Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |