| Product Code: ETC5353423 | 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`s compressed natural gas import market saw significant growth with a high concentration of supply from the USA, Trinidad and Tobago, Chile, China, and Mexico. The market remains highly concentrated with a high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 19.93% from 2020 to 2024 indicates a strong upward trend, with a remarkable growth rate of 21.11% in the latest year alone. This data suggests a promising outlook for the compressed natural gas import sector in Guatemala, driven by a diverse range of key exporting countries.

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 Compressed Natural Gas Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Compressed Natural Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Compressed Natural Gas Market - Industry Life Cycle |
3.4 Guatemala Compressed Natural Gas Market - Porter's Five Forces |
3.5 Guatemala Compressed Natural Gas Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Guatemala Compressed Natural Gas Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Guatemala Compressed Natural Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting the use of compressed natural gas (CNG) as a cleaner and more sustainable fuel option. |
4.2.2 Rising environmental awareness and concerns about air pollution, leading to increased demand for cleaner energy sources like CNG. |
4.2.3 Cost-effectiveness of using CNG compared to traditional fuels such as gasoline or diesel, especially in the transportation sector. |
4.3 Market Restraints |
4.3.1 Lack of sufficient infrastructure for CNG distribution and refueling stations. |
4.3.2 Initial high investment costs for transitioning to CNG-powered vehicles or setting up CNG infrastructure. |
4.3.3 Limited consumer awareness and acceptance of CNG as a viable alternative fuel option. |
5 Guatemala Compressed Natural Gas Market Trends |
6 Guatemala Compressed Natural Gas Market Segmentations |
6.1 Guatemala Compressed Natural Gas Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Compressed Natural Gas Market Revenues & Volume, By Associated Gas, 2021-2031F |
6.1.3 Guatemala Compressed Natural Gas Market Revenues & Volume, By Non Associated Gas, 2021-2031F |
6.1.4 Guatemala Compressed Natural Gas Market Revenues & Volume, By Unconventional Sources, 2021-2031F |
6.1.9 Guatemala Compressed Natural Gas Market Revenues & Volume, By Distribution Channel, 2021-2031F |
6.1.10 Guatemala Compressed Natural Gas Market Revenues & Volume, By Distribution Channel, 2021-2031F |
6.2 Guatemala Compressed Natural Gas Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Compressed Natural Gas Market Revenues & Volume, By Light Duty Vehicles, 2021-2031F |
6.2.3 Guatemala Compressed Natural Gas Market Revenues & Volume, By Medium Or Heavy Duty Buses, 2021-2031F |
6.2.4 Guatemala Compressed Natural Gas Market Revenues & Volume, By Medium Or Heavy Duty Trucks, 2021-2031F |
7 Guatemala Compressed Natural Gas Market Import-Export Trade Statistics |
7.1 Guatemala Compressed Natural Gas Market Export to Major Countries |
7.2 Guatemala Compressed Natural Gas Market Imports from Major Countries |
8 Guatemala Compressed Natural Gas Market Key Performance Indicators |
8.1 Number of new CNG refueling stations established in Guatemala. |
8.2 Percentage increase in CNG-powered vehicles on the road. |
8.3 Average price of CNG compared to traditional fuels like gasoline and diesel. |
8.4 Carbon emissions reduction achieved through the use of CNG. |
8.5 Government subsidies or incentives provided for the adoption of CNG technology. |
9 Guatemala Compressed Natural Gas Market - Opportunity Assessment |
9.1 Guatemala Compressed Natural Gas Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Guatemala Compressed Natural Gas Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Guatemala Compressed Natural Gas Market - Competitive Landscape |
10.1 Guatemala Compressed Natural Gas Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Compressed Natural Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |