| Product Code: ETC10276007 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Guatemala`s solar cell import market saw significant growth in 2024, with top exporters being China, USA, Hong Kong, Germany, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 67.94%, showcasing the increasing demand for solar cells in Guatemala. Additionally, the growth rate from 2023 to 2024 was 42.97%, indicating a rapid expansion in the market. Overall, these statistics suggest a flourishing solar energy sector in Guatemala with a strong reliance on imports from key global players.

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 Solar Cell Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Solar Cell Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Solar Cell Market - Industry Life Cycle |
3.4 Guatemala Solar Cell Market - Porter's Five Forces |
3.5 Guatemala Solar Cell Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Solar Cell Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Guatemala Solar Cell Market Revenues & Volume Share, By Efficiency Level, 2021 & 2031F |
3.8 Guatemala Solar Cell Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guatemala Solar Cell Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Guatemala Solar Cell Market Trends |
6 Guatemala Solar Cell Market, By Types |
6.1 Guatemala Solar Cell Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Solar Cell Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Guatemala Solar Cell Market Revenues & Volume, By Monocrystalline, 2021 - 2031F |
6.1.4 Guatemala Solar Cell Market Revenues & Volume, By Polycrystalline, 2021 - 2031F |
6.1.5 Guatemala Solar Cell Market Revenues & Volume, By Thin Film, 2021 - 2031F |
6.1.6 Guatemala Solar Cell Market Revenues & Volume, By Bifacial, 2021 - 2031F |
6.2 Guatemala Solar Cell Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Solar Cell Market Revenues & Volume, By Silicon, 2021 - 2031F |
6.2.3 Guatemala Solar Cell Market Revenues & Volume, By Cadmium Telluride (CdTe), 2021 - 2031F |
6.2.4 Guatemala Solar Cell Market Revenues & Volume, By Copper Indium Gallium Selenide (CIGS), 2021 - 2031F |
6.2.5 Guatemala Solar Cell Market Revenues & Volume, By Organic PV, 2021 - 2031F |
6.3 Guatemala Solar Cell Market, By Efficiency Level |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Solar Cell Market Revenues & Volume, By High Efficiency (>20%), 2021 - 2031F |
6.3.3 Guatemala Solar Cell Market Revenues & Volume, By Medium Efficiency (15 20%), 2021 - 2031F |
6.3.4 Guatemala Solar Cell Market Revenues & Volume, By Low Efficiency (<15%), 2021 - 2031F |
6.3.5 Guatemala Solar Cell Market Revenues & Volume, By Variable, 2021 - 2031F |
6.4 Guatemala Solar Cell Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Solar Cell Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Guatemala Solar Cell Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Guatemala Solar Cell Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.5 Guatemala Solar Cell Market Revenues & Volume, By Utility, 2021 - 2031F |
7 Guatemala Solar Cell Market Import-Export Trade Statistics |
7.1 Guatemala Solar Cell Market Export to Major Countries |
7.2 Guatemala Solar Cell Market Imports from Major Countries |
8 Guatemala Solar Cell Market Key Performance Indicators |
9 Guatemala Solar Cell Market - Opportunity Assessment |
9.1 Guatemala Solar Cell Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Solar Cell Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Guatemala Solar Cell Market Opportunity Assessment, By Efficiency Level, 2021 & 2031F |
9.4 Guatemala Solar Cell Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guatemala Solar Cell Market - Competitive Landscape |
10.1 Guatemala Solar Cell Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Solar Cell 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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