| Product Code: ETC4926892 | 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 |
Guatemala`s bus import shipments in 2024 saw a high concentration of imports from top countries including Japan, USA, Canada, South Korea, and Mexico. Despite the high concentration, the market experienced a decline with a CAGR of -20.96% from 2020 to 2024. The growth rate from 2023 to 2024 took a significant hit at -75.57%, indicating a challenging year for bus imports in Guatemala. Moving forward, it will be crucial to monitor market trends and potential strategies to stimulate growth in the 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 Bus Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Bus Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Bus Market - Industry Life Cycle |
3.4 Guatemala Bus Market - Porter's Five Forces |
3.5 Guatemala Bus Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Bus Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guatemala Bus Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Guatemala Bus Market Revenues & Volume Share, By Seat Capacity, 2021 & 2031F |
4 Guatemala Bus Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth leading to higher demand for public transportation services. |
4.2.2 Government initiatives to improve transportation infrastructure and services in Guatemala. |
4.2.3 Rise in tourism activities driving the need for efficient transportation options within the country. |
4.3 Market Restraints |
4.3.1 High import taxes on buses leading to increased costs for bus operators. |
4.3.2 Inadequate road infrastructure and traffic congestion affecting the efficiency of bus services. |
4.3.3 Political instability and economic uncertainties impacting investment and expansion plans in the bus market. |
5 Guatemala Bus Market Trends |
6 Guatemala Bus Market Segmentations |
6.1 Guatemala Bus Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Bus Market Revenues & Volume, By Single Deck, 2021-2031F |
6.1.3 Guatemala Bus Market Revenues & Volume, By Double Deck, 2021-2031F |
6.2 Guatemala Bus Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Bus Market Revenues & Volume, By Transit, 2021-2031F |
6.2.3 Guatemala Bus Market Revenues & Volume, By Coaches, 2021-2031F |
6.2.4 Guatemala Bus Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guatemala Bus Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Bus Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.3 Guatemala Bus Market Revenues & Volume, By Electric and Hybrid, 2021-2031F |
6.3.4 Guatemala Bus Market Revenues & Volume, By Others, 2021-2031F |
6.4 Guatemala Bus Market, By Seat Capacity |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Bus Market Revenues & Volume, By 15-30 Seats, 2021-2031F |
6.4.3 Guatemala Bus Market Revenues & Volume, By 31-50 Seats, 2021-2031F |
6.4.4 Guatemala Bus Market Revenues & Volume, By More than 50 Seats, 2021-2031F |
7 Guatemala Bus Market Import-Export Trade Statistics |
7.1 Guatemala Bus Market Export to Major Countries |
7.2 Guatemala Bus Market Imports from Major Countries |
8 Guatemala Bus Market Key Performance Indicators |
8.1 Average passenger ridership per bus route. |
8.2 Average fleet age of buses in operation. |
8.3 Percentage of buses equipped with modern amenities such as Wi-Fi, air conditioning, etc. |
8.4 Average bus maintenance costs per mile traveled. |
8.5 Percentage of buses compliant with environmental regulations. |
9 Guatemala Bus Market - Opportunity Assessment |
9.1 Guatemala Bus Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Bus Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guatemala Bus Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.4 Guatemala Bus Market Opportunity Assessment, By Seat Capacity, 2021 & 2031F |
10 Guatemala Bus Market - Competitive Landscape |
10.1 Guatemala Bus Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Bus 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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