| Product Code: ETC12209447 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The formalin import market in Guatemala showed a high level of concentration in 2023 which continued into 2024, with top exporting countries being Colombia, Mexico, Portugal, Belgium, and China. Despite a notable decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 12.46%. This suggests that while there was a temporary setback in growth, the overall trend for formalin imports in Guatemala has been positive over the past few years with key exporting countries maintaining a significant presence in the market.

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 Formalin Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Formalin Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Formalin Market - Industry Life Cycle |
3.4 Guatemala Formalin Market - Porter's Five Forces |
3.5 Guatemala Formalin Market Revenues & Volume Share, By Formalin Type, 2021 & 2031F |
3.6 Guatemala Formalin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guatemala Formalin Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Guatemala Formalin Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.9 Guatemala Formalin Market Revenues & Volume Share, By Concentration, 2021 & 2031F |
4 Guatemala Formalin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Guatemala Formalin Market Trends |
6 Guatemala Formalin Market, By Types |
6.1 Guatemala Formalin Market, By Formalin Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Formalin Market Revenues & Volume, By Formalin Type, 2021 - 2031F |
6.1.3 Guatemala Formalin Market Revenues & Volume, By Liquid Formalin, 2021 - 2031F |
6.1.4 Guatemala Formalin Market Revenues & Volume, By Powdered Formalin, 2021 - 2031F |
6.1.5 Guatemala Formalin Market Revenues & Volume, By Solution Formalin, 2021 - 2031F |
6.1.6 Guatemala Formalin Market Revenues & Volume, By Solid Formalin, 2021 - 2031F |
6.2 Guatemala Formalin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Formalin Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.2.3 Guatemala Formalin Market Revenues & Volume, By Laboratory Use, 2021 - 2031F |
6.2.4 Guatemala Formalin Market Revenues & Volume, By Chemical Synthesis, 2021 - 2031F |
6.2.5 Guatemala Formalin Market Revenues & Volume, By Research, 2021 - 2031F |
6.3 Guatemala Formalin Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Formalin Market Revenues & Volume, By Textile Industry, 2021 - 2031F |
6.3.3 Guatemala Formalin Market Revenues & Volume, By Medical Facilities, 2021 - 2031F |
6.3.4 Guatemala Formalin Market Revenues & Volume, By Paint & Coatings, 2021 - 2031F |
6.3.5 Guatemala Formalin Market Revenues & Volume, By Laboratories, 2021 - 2031F |
6.4 Guatemala Formalin Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Formalin Market Revenues & Volume, By Drum, 2021 - 2031F |
6.4.3 Guatemala Formalin Market Revenues & Volume, By Bag, 2021 - 2031F |
6.4.4 Guatemala Formalin Market Revenues & Volume, By Canister, 2021 - 2031F |
6.4.5 Guatemala Formalin Market Revenues & Volume, By Sachets, 2021 - 2031F |
6.5 Guatemala Formalin Market, By Concentration |
6.5.1 Overview and Analysis |
6.5.2 Guatemala Formalin Market Revenues & Volume, By 0.37, 2021 - 2031F |
6.5.3 Guatemala Formalin Market Revenues & Volume, By 0.4, 2021 - 2031F |
6.5.4 Guatemala Formalin Market Revenues & Volume, By 0.37, 2021 - 2031F |
6.5.5 Guatemala Formalin Market Revenues & Volume, By 0.35, 2021 - 2031F |
7 Guatemala Formalin Market Import-Export Trade Statistics |
7.1 Guatemala Formalin Market Export to Major Countries |
7.2 Guatemala Formalin Market Imports from Major Countries |
8 Guatemala Formalin Market Key Performance Indicators |
9 Guatemala Formalin Market - Opportunity Assessment |
9.1 Guatemala Formalin Market Opportunity Assessment, By Formalin Type, 2021 & 2031F |
9.2 Guatemala Formalin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guatemala Formalin Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Guatemala Formalin Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.5 Guatemala Formalin Market Opportunity Assessment, By Concentration, 2021 & 2031F |
10 Guatemala Formalin Market - Competitive Landscape |
10.1 Guatemala Formalin Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Formalin 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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