| Product Code: ETC7394893 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala`s LNG engine import shipments in 2024 continued to see a significant presence from top exporting countries including the USA, South Korea, China, Malaysia, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 16.21% from 2020 to 2024 highlights sustained growth. Moreover, the notable growth rate of 42.76% from 2023 to 2024 suggests a rapid expansion in the market, making Guatemala an attractive destination for LNG engine imports.

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 LNG Engine Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala LNG Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala LNG Engine Market - Industry Life Cycle |
3.4 Guatemala LNG Engine Market - Porter's Five Forces |
3.5 Guatemala LNG Engine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala LNG Engine Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guatemala LNG Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on environmental sustainability and reducing carbon emissions |
4.2.2 Government initiatives promoting the use of LNG as a cleaner fuel alternative |
4.2.3 Growth in industrial activities and transportation sector driving demand for LNG engines |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with LNG engine technology |
4.3.2 Limited infrastructure for LNG refueling stations in Guatemala |
5 Guatemala LNG Engine Market Trends |
6 Guatemala LNG Engine Market, By Types |
6.1 Guatemala LNG Engine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala LNG Engine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala LNG Engine Market Revenues & Volume, By Spark-ignited, 2021- 2031F |
6.1.4 Guatemala LNG Engine Market Revenues & Volume, By Diesel-ignited, 2021- 2031F |
6.1.5 Guatemala LNG Engine Market Revenues & Volume, By Direct Gas Injection, 2021- 2031F |
6.2 Guatemala LNG Engine Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Guatemala LNG Engine Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.3 Guatemala LNG Engine Market Revenues & Volume, By Power Generation, 2021- 2031F |
7 Guatemala LNG Engine Market Import-Export Trade Statistics |
7.1 Guatemala LNG Engine Market Export to Major Countries |
7.2 Guatemala LNG Engine Market Imports from Major Countries |
8 Guatemala LNG Engine Market Key Performance Indicators |
8.1 Number of government policies supporting the adoption of LNG engines |
8.2 Growth in LNG refueling infrastructure in Guatemala |
8.3 Percentage of industrial and transportation companies switching to LNG engines |
8.4 Average reduction in carbon emissions achieved by using LNG engines |
9 Guatemala LNG Engine Market - Opportunity Assessment |
9.1 Guatemala LNG Engine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala LNG Engine Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guatemala LNG Engine Market - Competitive Landscape |
10.1 Guatemala LNG Engine Market Revenue Share, By Companies, 2024 |
10.2 Guatemala LNG Engine 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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