| Product Code: ETC5378161 | 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 |
The motorcycle import market in Guatemala continues to show strong growth, with a high Herfindahl-Hirschman Index (HHI) indicating significant market concentration. In 2024, top exporting countries include India, China, Mexico, Canada, and Italy. The impressive compound annual growth rate (CAGR) of 24.0% from 2020 to 2024 highlights the increasing demand for motorcycles in Guatemala. Furthermore, the growth rate of 53.25% from 2023 to 2024 suggests a promising outlook for the industry in the coming years, with key players from diverse countries contributing to the market`s expansion.

By 2027, the Motorcycle market in Guatemala is anticipated to reach a growth rate of 11.07%, as part of an increasingly competitive Latin America region, where Brazil remains at the forefront, supported by Mexico, Argentina, Colombia and Chile, driving innovations and market adoption across sectors.

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 Motorcycle Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Motorcycle Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Motorcycle Market - Industry Life Cycle |
3.4 Guatemala Motorcycle Market - Porter's Five Forces |
3.5 Guatemala Motorcycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Motorcycle Market Revenues & Volume Share, By Engine Capacity, 2021 & 2031F |
4 Guatemala Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for affordable transportation solutions |
4.2.2 Growth in urbanization leading to higher traffic congestion |
4.2.3 Rise in disposable income levels of the population |
4.3 Market Restraints |
4.3.1 Lack of proper infrastructure and road conditions affecting motorcycle usage |
4.3.2 Low awareness about safety measures and regulations among motorcycle users |
5 Guatemala Motorcycle Market Trends |
6 Guatemala Motorcycle Market Segmentations |
6.1 Guatemala Motorcycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Motorcycle Market Revenues & Volume, By Adventure, 2021-2031F |
6.1.3 Guatemala Motorcycle Market Revenues & Volume, By Cruiser, 2021-2031F |
6.1.4 Guatemala Motorcycle Market Revenues & Volume, By Mopeds, 2021-2031F |
6.1.5 Guatemala Motorcycle Market Revenues & Volume, By Sports, 2021-2031F |
6.1.6 Guatemala Motorcycle Market Revenues & Volume, By Standard, 2021-2031F |
6.1.7 Guatemala Motorcycle Market Revenues & Volume, By Touring, 2021-2031F |
6.2 Guatemala Motorcycle Market, By Engine Capacity |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Motorcycle Market Revenues & Volume, By 151-300 CC, 2021-2031F |
6.2.3 Guatemala Motorcycle Market Revenues & Volume, By 301-500 CC, 2021-2031F |
6.2.4 Guatemala Motorcycle Market Revenues & Volume, By 501-800 CC, 2021-2031F |
6.2.5 Guatemala Motorcycle Market Revenues & Volume, By 801-1000 CC, 2021-2031F |
6.2.6 Guatemala Motorcycle Market Revenues & Volume, By 1001-1600 CC, 2021-2031F |
6.2.7 Guatemala Motorcycle Market Revenues & Volume, By Above 1600 CC, 2021-2031F |
7 Guatemala Motorcycle Market Import-Export Trade Statistics |
7.1 Guatemala Motorcycle Market Export to Major Countries |
7.2 Guatemala Motorcycle Market Imports from Major Countries |
8 Guatemala Motorcycle Market Key Performance Indicators |
8.1 Average daily traffic congestion index in major cities |
8.2 Number of new motorcycle registrations per month |
8.3 Percentage increase in motorcycle taxi services |
8.4 Average fuel prices and their impact on motorcycle usage |
8.5 Number of road accidents involving motorcycles |
9 Guatemala Motorcycle Market - Opportunity Assessment |
9.1 Guatemala Motorcycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Motorcycle Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
10 Guatemala Motorcycle Market - Competitive Landscape |
10.1 Guatemala Motorcycle Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Motorcycle 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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