| Product Code: ETC7399163 | 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 |
In 2024, Guatemala continued to see a strong demand for performance tires, with top importing countries including China, Costa Rica, Taiwan, Japan, and Mexico. High concentration levels were maintained, indicating a competitive market environment. The compound annual growth rate (CAGR) for performance tire imports from 2020 to 2024 was an impressive 20.33%, with a notable growth rate of 11.0% from 2023 to 2024. These figures suggest a thriving market for performance tires in Guatemala, driven by a diverse range of international suppliers.

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 Performance Tires Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Performance Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Performance Tires Market - Industry Life Cycle |
3.4 Guatemala Performance Tires Market - Porter's Five Forces |
3.5 Guatemala Performance Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Performance Tires Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Performance Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income and purchasing power of consumers in Guatemala |
4.2.2 Growing interest in customized and high-performance vehicles in the country |
4.2.3 Expansion of road infrastructure and development of tourism industry in Guatemala |
4.3 Market Restraints |
4.3.1 High import tariffs on performance tires leading to higher prices for consumers |
4.3.2 Limited distribution channels and availability of performance tires in the market |
4.3.3 Lack of awareness and education on the benefits of performance tires among consumers in Guatemala |
5 Guatemala Performance Tires Market Trends |
6 Guatemala Performance Tires Market, By Types |
6.1 Guatemala Performance Tires Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Performance Tires Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Performance Tires Market Revenues & Volume, By Racing Slicks, 2021- 2031F |
6.1.4 Guatemala Performance Tires Market Revenues & Volume, By Tread Tires, 2021- 2031F |
6.2 Guatemala Performance Tires Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Performance Tires Market Revenues & Volume, By OEMS, 2021- 2031F |
6.2.3 Guatemala Performance Tires Market Revenues & Volume, By Replacement/Aftermarket, 2021- 2031F |
7 Guatemala Performance Tires Market Import-Export Trade Statistics |
7.1 Guatemala Performance Tires Market Export to Major Countries |
7.2 Guatemala Performance Tires Market Imports from Major Countries |
8 Guatemala Performance Tires Market Key Performance Indicators |
8.1 Average selling price of performance tires in Guatemala |
8.2 Number of new entrants or expansion of existing performance tire manufacturers in the market |
8.3 Percentage of vehicles equipped with performance tires in Guatemala |
9 Guatemala Performance Tires Market - Opportunity Assessment |
9.1 Guatemala Performance Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Performance Tires Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Performance Tires Market - Competitive Landscape |
10.1 Guatemala Performance Tires Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Performance Tires 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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