| Product Code: ETC7398935 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala`s passenger cars import market continued to be dominated by top exporting countries such as China, USA, Japan, Taiwan, and Mexico in 2024. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration within the market. With an impressive Compound Annual Growth Rate (CAGR) of 42.75% from 2020 to 2024, the market experienced significant expansion. Furthermore, the growth rate in 2024 alone stood at 34.51%, highlighting the continued strong demand for imported passenger cars 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 Passenger Cars Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Passenger Cars Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Passenger Cars Market - Industry Life Cycle |
3.4 Guatemala Passenger Cars Market - Porter's Five Forces |
3.5 Guatemala Passenger Cars Market Revenues & Volume Share, By Vehicle Configuration, 2021 & 2031F |
3.6 Guatemala Passenger Cars Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
4 Guatemala Passenger Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Rising disposable income levels in Guatemala |
4.2.2 Increasing urbanization leading to higher demand for personal transportation |
4.2.3 Technological advancements in passenger cars improving fuel efficiency and safety features |
4.3 Market Restraints |
4.3.1 High import tariffs on vehicles making them expensive for consumers |
4.3.2 Limited availability of financing options for purchasing passenger cars |
4.3.3 Traffic congestion and inadequate infrastructure in urban areas affecting car usage |
5 Guatemala Passenger Cars Market Trends |
6 Guatemala Passenger Cars Market, By Types |
6.1 Guatemala Passenger Cars Market, By Vehicle Configuration |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Passenger Cars Market Revenues & Volume, By Vehicle Configuration, 2021- 2031F |
6.1.3 Guatemala Passenger Cars Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2 Guatemala Passenger Cars Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Passenger Cars Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2.3 Guatemala Passenger Cars Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.2.4 Guatemala Passenger Cars Market Revenues & Volume, By ICE, 2021- 2031F |
7 Guatemala Passenger Cars Market Import-Export Trade Statistics |
7.1 Guatemala Passenger Cars Market Export to Major Countries |
7.2 Guatemala Passenger Cars Market Imports from Major Countries |
8 Guatemala Passenger Cars Market Key Performance Indicators |
8.1 Average age of passenger cars in Guatemala |
8.2 Adoption rate of electric or hybrid vehicles in the market |
8.3 Percentage of households owning more than one car. |
9 Guatemala Passenger Cars Market - Opportunity Assessment |
9.1 Guatemala Passenger Cars Market Opportunity Assessment, By Vehicle Configuration, 2021 & 2031F |
9.2 Guatemala Passenger Cars Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
10 Guatemala Passenger Cars Market - Competitive Landscape |
10.1 Guatemala Passenger Cars Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Passenger Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |