| Product Code: ETC5044065 | 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 fuel oil import market in 2024 saw significant contributions from top exporting countries including Ecuador, USA, Bahamas, Peru, and Curacao. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 34.64% from 2020 to 2024 demonstrates a rapidly expanding market. Moreover, the growth rate of 20.07% from 2023 to 2024 suggests sustained momentum in import shipments, positioning Guatemala as a key player in the fuel oil trade landscape.

The Fuel Oil market in Guatemala is projected to grow at a growing growth rate of 9.05% 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 Fuel Oil Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Fuel Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Fuel Oil Market - Industry Life Cycle |
3.4 Guatemala Fuel Oil Market - Porter's Five Forces |
3.5 Guatemala Fuel Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Fuel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities and the need for energy sources in Guatemala |
4.2.2 Growth in the transportation sector leading to higher demand for fuel oil |
4.2.3 Government initiatives to promote the use of fuel oil as an energy source |
4.3 Market Restraints |
4.3.1 Volatile global oil prices impacting the cost of fuel oil |
4.3.2 Environmental concerns and regulations regarding the use of fuel oil |
4.3.3 Competition from alternative energy sources such as natural gas and renewable energy |
5 Guatemala Fuel Oil Market Trends |
6 Guatemala Fuel Oil Market Segmentations |
6.1 Guatemala Fuel Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Fuel Oil Market Revenues & Volume, By Marine, 2021-2031F |
6.1.3 Guatemala Fuel Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 Guatemala Fuel Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Fuel Oil Market Import-Export Trade Statistics |
7.1 Guatemala Fuel Oil Market Export to Major Countries |
7.2 Guatemala Fuel Oil Market Imports from Major Countries |
8 Guatemala Fuel Oil Market Key Performance Indicators |
8.1 Average fuel oil consumption per capita in Guatemala |
8.2 Number of new industrial projects using fuel oil as an energy source |
8.3 Percentage increase in fuel oil imports compared to the previous year |
9 Guatemala Fuel Oil Market - Opportunity Assessment |
9.1 Guatemala Fuel Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Fuel Oil Market - Competitive Landscape |
10.1 Guatemala Fuel Oil Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Fuel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |