| Product Code: ETC5081039 | 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 import shipments of centrifugal pumps in 2024 continued to see strong growth, with top exporters being China, USA, Mexico, Italy, and Taiwan. The market remained concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating significant market power among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 17.78%, demonstrating sustained expansion in demand. Furthermore, the robust growth rate of 23.48% from 2023 to 2024 signals accelerating momentum in the market, presenting opportunities and challenges for both buyers and suppliers in the industry.

The Centrifugal pumps market in Guatemala is projected to grow at a growing growth rate of 9.63% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Centrifugal pumps Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Centrifugal pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Centrifugal pumps Market - Industry Life Cycle |
3.4 Guatemala Centrifugal pumps Market - Porter's Five Forces |
3.5 Guatemala Centrifugal pumps Market Revenues & Volume Share, By Pump Type, 2021 & 2031F |
3.6 Guatemala Centrifugal pumps Market Revenues & Volume Share, By Stage, 2021 & 2031F |
3.7 Guatemala Centrifugal pumps Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Guatemala Centrifugal pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and urbanization in Guatemala leading to higher demand for centrifugal pumps in various sectors. |
4.2.2 Growing awareness about the benefits of centrifugal pumps in terms of efficiency and cost-effectiveness. |
4.2.3 Government initiatives and investments in infrastructure development projects driving the demand for centrifugal pumps. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of centrifugal pumps. |
4.3.2 Competition from alternative pump technologies affecting the market growth. |
4.3.3 Economic instability and political uncertainties in the region impacting investment in infrastructure projects. |
5 Guatemala Centrifugal pumps Market Trends |
6 Guatemala Centrifugal pumps Market Segmentations |
6.1 Guatemala Centrifugal pumps Market, By Pump Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Centrifugal pumps Market Revenues & Volume, By Overhung Impeller, 2021-2031F |
6.1.3 Guatemala Centrifugal pumps Market Revenues & Volume, By Vertically Suspended, 2021-2031F |
6.1.4 Guatemala Centrifugal pumps Market Revenues & Volume, By Between Bearing, 2021-2031F |
6.2 Guatemala Centrifugal pumps Market, By Stage |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Centrifugal pumps Market Revenues & Volume, By Single Stage, 2021-2031F |
6.2.3 Guatemala Centrifugal pumps Market Revenues & Volume, By Multistage, 2021-2031F |
6.3 Guatemala Centrifugal pumps Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Centrifugal pumps Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Guatemala Centrifugal pumps Market Revenues & Volume, By Commercial and Residential, 2021-2031F |
7 Guatemala Centrifugal pumps Market Import-Export Trade Statistics |
7.1 Guatemala Centrifugal pumps Market Export to Major Countries |
7.2 Guatemala Centrifugal pumps Market Imports from Major Countries |
8 Guatemala Centrifugal pumps Market Key Performance Indicators |
8.1 Energy efficiency improvements in centrifugal pumps. |
8.2 Adoption rate of centrifugal pumps in key industries such as water treatment, agriculture, and manufacturing. |
8.3 Maintenance and service contracts for centrifugal pumps. |
8.4 Technological advancements and innovation in centrifugal pump design and performance. |
9 Guatemala Centrifugal pumps Market - Opportunity Assessment |
9.1 Guatemala Centrifugal pumps Market Opportunity Assessment, By Pump Type, 2021 & 2031F |
9.2 Guatemala Centrifugal pumps Market Opportunity Assessment, By Stage, 2021 & 2031F |
9.3 Guatemala Centrifugal pumps Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Guatemala Centrifugal pumps Market - Competitive Landscape |
10.1 Guatemala Centrifugal pumps Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Centrifugal pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |