| Product Code: ETC5224413 | 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 |
The motor vehicle parts import market in Guatemala experienced significant growth in 2024, with top exporters being China, Japan, Taiwan, USA, and Mexico. The market concentration increased from moderate to high, indicating a more competitive landscape. The impressive CAGR of 27.66% from 2020 to 2024 reflects the robust growth trajectory of the industry. Moreover, the growth rate of 15.65% from 2023 to 2024 highlights the continued expansion and demand for motor vehicle parts in Guatemala. Players in this market should closely monitor these trends for strategic decision-making.

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 Motor Vehicle Parts Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Motor Vehicle Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Motor Vehicle Parts Market - Industry Life Cycle |
3.4 Guatemala Motor Vehicle Parts Market - Porter's Five Forces |
3.5 Guatemala Motor Vehicle Parts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Motor Vehicle Parts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guatemala Motor Vehicle Parts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Guatemala Motor Vehicle Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for motor vehicles in Guatemala |
4.2.2 Growing investments in infrastructure development |
4.2.3 Technological advancements in motor vehicle parts industry |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Regulatory challenges in the automotive industry in Guatemala |
5 Guatemala Motor Vehicle Parts Market Trends |
6 Guatemala Motor Vehicle Parts Market Segmentations |
6.1 Guatemala Motor Vehicle Parts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Body, Metal Stamping & Other Parts, 2021-2031F |
6.1.3 Guatemala Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Engine, Power Train & Parts, 2021-2031F |
6.1.4 Guatemala Motor Vehicle Parts Market Revenues & Volume, By Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors, 2021-2031F |
6.2 Guatemala Motor Vehicle Parts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Motor Vehicle Parts Market Revenues & Volume, By Passenger Vehicle, 2021-2031F |
6.2.3 Guatemala Motor Vehicle Parts Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.4 Guatemala Motor Vehicle Parts Market Revenues & Volume, By Industrial Vehicle, 2021-2031F |
6.3 Guatemala Motor Vehicle Parts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Motor Vehicle Parts Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Guatemala Motor Vehicle Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Guatemala Motor Vehicle Parts Market Import-Export Trade Statistics |
7.1 Guatemala Motor Vehicle Parts Market Export to Major Countries |
7.2 Guatemala Motor Vehicle Parts Market Imports from Major Countries |
8 Guatemala Motor Vehicle Parts Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Guatemala |
8.2 Number of new vehicle registrations in Guatemala |
8.3 Average maintenance and repair costs for vehicles in Guatemala |
8.4 Adoption rate of advanced motor vehicle parts technologies in Guatemala |
9 Guatemala Motor Vehicle Parts Market - Opportunity Assessment |
9.1 Guatemala Motor Vehicle Parts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Motor Vehicle Parts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guatemala Motor Vehicle Parts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Guatemala Motor Vehicle Parts Market - Competitive Landscape |
10.1 Guatemala Motor Vehicle Parts Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Motor Vehicle Parts 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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