| Product Code: ETC5370447 | 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 |
Despite a slight decline in growth rate from 2023 to 2024, Guatemala continues to see a strong demand for electronic components imports. The top exporting countries, including China, USA, and India, showcase the diverse sourcing channels for these products. The high concentration level indicated by the HHI suggests a competitive market landscape dominated by key players. With a notable CAGR of 14.32% over the period from 2020 to 2024, the electronic components industry in Guatemala displays promising opportunities for both local and 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 Electronic Components Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Electronic Components Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Electronic Components Market - Industry Life Cycle |
3.4 Guatemala Electronic Components Market - Porter's Five Forces |
3.5 Guatemala Electronic Components Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Guatemala Electronic Components Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Guatemala Electronic Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics in Guatemala |
4.2.2 Growth in the automotive industry leading to higher demand for electronic components |
4.2.3 Technological advancements driving the need for more sophisticated electronic components |
4.3 Market Restraints |
4.3.1 High import tariffs on electronic components impacting overall market growth |
4.3.2 Limited access to advanced technology and skilled workforce in Guatemala |
5 Guatemala Electronic Components Market Trends |
6 Guatemala Electronic Components Market Segmentations |
6.1 Guatemala Electronic Components Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Electronic Components Market Revenues & Volume, By Passive, 2021-2031F |
6.1.3 Guatemala Electronic Components Market Revenues & Volume, By Active, 2021-2031F |
6.1.4 Guatemala Electronic Components Market Revenues & Volume, By Electro Mechanic, 2021-2031F |
6.2 Guatemala Electronic Components Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Electronic Components Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Guatemala Electronic Components Market Revenues & Volume, By Communications, 2021-2031F |
6.2.4 Guatemala Electronic Components Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Guatemala Electronic Components Market Revenues & Volume, By Computing Applications, 2021-2031F |
6.2.6 Guatemala Electronic Components Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Electronic Components Market Import-Export Trade Statistics |
7.1 Guatemala Electronic Components Market Export to Major Countries |
7.2 Guatemala Electronic Components Market Imports from Major Countries |
8 Guatemala Electronic Components Market Key Performance Indicators |
8.1 Average selling price (ASP) of electronic components in Guatemala |
8.2 Number of new product introductions in the electronic components market |
8.3 Percentage of electronic components manufactured locally in Guatemala |
9 Guatemala Electronic Components Market - Opportunity Assessment |
9.1 Guatemala Electronic Components Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Guatemala Electronic Components Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Guatemala Electronic Components Market - Competitive Landscape |
10.1 Guatemala Electronic Components Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Electronic Components 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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