| Product Code: ETC5668082 | 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 |
Guatemala continued to heavily rely on imports of hexane in 2024, with major suppliers including Egypt, Mexico, Dominican Republic, USA, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the compound annual growth rate (CAGR) from 2020-2024 was notably negative at -36.69%, with a steep decline in growth rate from 2023-2024 at -49.38%. These trends suggest a challenging landscape for hexane import shipments into Guatemala, possibly influenced by shifting market dynamics or regulatory factors.

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 Hexane Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Hexane Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Hexane Market - Industry Life Cycle |
3.4 Guatemala Hexane Market - Porter's Five Forces |
3.5 Guatemala Hexane Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Guatemala Hexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Hexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for hexane in the food processing industry for extraction purposes |
4.2.2 Increasing usage of hexane in the pharmaceutical sector for manufacturing various products |
4.2.3 Expansion of the agricultural sector leading to higher demand for hexane as a solvent |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in hexane production affecting overall market pricing |
4.3.2 Stringent regulations regarding environmental impact and safety concerns associated with hexane usage |
4.3.3 Competition from alternative solvents impacting the market growth |
5 Guatemala Hexane Market Trends |
6 Guatemala Hexane Market Segmentations |
6.1 Guatemala Hexane Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Hexane Market Revenues & Volume, By Oil Extraction/Food, 2021-2031F |
6.1.3 Guatemala Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.4 Guatemala Hexane Market Revenues & Volume, By Industrial, 2021-2031F |
6.2 Guatemala Hexane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Hexane Market Revenues & Volume, By Oil Extraction, 2021-2031F |
6.2.3 Guatemala Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Guatemala Hexane Market Revenues & Volume, By Industrial Cleaning , 2021-2031F |
6.2.5 Guatemala Hexane Market Revenues & Volume, By Degreasing, 2021-2031F |
6.2.6 Guatemala Hexane Market Revenues & Volume, By Polymerization, 2021-2031F |
7 Guatemala Hexane Market Import-Export Trade Statistics |
7.1 Guatemala Hexane Market Export to Major Countries |
7.2 Guatemala Hexane Market Imports from Major Countries |
8 Guatemala Hexane Market Key Performance Indicators |
8.1 Average selling price of hexane in the Guatemala market |
8.2 Number of new applications emerging for hexane in different industries |
8.3 Investments in research and development for enhancing hexane production efficiency |
9 Guatemala Hexane Market - Opportunity Assessment |
9.1 Guatemala Hexane Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Guatemala Hexane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Hexane Market - Competitive Landscape |
10.1 Guatemala Hexane Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Hexane 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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