| Product Code: ETC5073059 | 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 |
In 2024, Guatemala continued to rely heavily on imports of internal combustion engines, with the USA, Brazil, China, Italy, and Turkey being the top exporting countries. Despite a high concentration of imports, the market experienced a negative compound annual growth rate (CAGR) of -2.99% from 2020 to 2024. However, there was a significant growth spurt from 2023 to 2024, with a growth rate of 22.15%, indicating a potential shift in market dynamics and demand for internal combustion engines in Guatemala.

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 Internal Combustion Engines Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Internal Combustion Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Internal Combustion Engines Market - Industry Life Cycle |
3.4 Guatemala Internal Combustion Engines Market - Porter's Five Forces |
3.5 Guatemala Internal Combustion Engines Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.6 Guatemala Internal Combustion Engines Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Guatemala Internal Combustion Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for power generation solutions in Guatemala |
4.2.2 Growth in construction and infrastructure development projects |
4.2.3 Rising adoption of internal combustion engines in agriculture sector |
4.3 Market Restraints |
4.3.1 Stringent emission regulations impacting the market growth |
4.3.2 Fluctuating prices of raw materials affecting manufacturing costs |
5 Guatemala Internal Combustion Engines Market Trends |
6 Guatemala Internal Combustion Engines Market Segmentations |
6.1 Guatemala Internal Combustion Engines Market, By Fuel |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Internal Combustion Engines Market Revenues & Volume, By Petroleum, 2021-2031F |
6.1.3 Guatemala Internal Combustion Engines Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Guatemala Internal Combustion Engines Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Internal Combustion Engines Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Guatemala Internal Combustion Engines Market Revenues & Volume, By Aircraft, 2021-2031F |
6.2.4 Guatemala Internal Combustion Engines Market Revenues & Volume, By Marine, 2021-2031F |
7 Guatemala Internal Combustion Engines Market Import-Export Trade Statistics |
7.1 Guatemala Internal Combustion Engines Market Export to Major Countries |
7.2 Guatemala Internal Combustion Engines Market Imports from Major Countries |
8 Guatemala Internal Combustion Engines Market Key Performance Indicators |
8.1 Average utilization rate of internal combustion engines in Guatemala |
8.2 Number of new infrastructure projects utilizing internal combustion engines |
8.3 Adoption rate of cleaner technologies in internal combustion engines |
9 Guatemala Internal Combustion Engines Market - Opportunity Assessment |
9.1 Guatemala Internal Combustion Engines Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.2 Guatemala Internal Combustion Engines Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Guatemala Internal Combustion Engines Market - Competitive Landscape |
10.1 Guatemala Internal Combustion Engines Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Internal Combustion Engines 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.
To discover high-growth global markets and optimize your business strategy:
Click Here