| Product Code: ETC11227751 | 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 |
In 2024, Guatemala continued to see significant imports of tyres, with top exporters being China, Japan, Costa Rica, Thailand, and India. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 13.18%, with a continued growth rate of 3.81% from 2023 to 2024. These figures suggest a consistent demand for tyres in Guatemala, with key players maintaining their positions in the market.

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 Tyres Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Tyres Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Tyres Market - Industry Life Cycle |
3.4 Guatemala Tyres Market - Porter's Five Forces |
3.5 Guatemala Tyres Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Tyres Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Guatemala Tyres Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Guatemala Tyres Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guatemala Tyres Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in Guatemala |
4.2.2 Growth in the transportation and logistics industry |
4.2.3 Government initiatives to improve road infrastructure |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from low-cost imported tires |
4.3.3 Economic instability affecting consumer purchasing power |
5 Guatemala Tyres Market Trends |
6 Guatemala Tyres Market, By Types |
6.1 Guatemala Tyres Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Tyres Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Guatemala Tyres Market Revenues & Volume, By Radial, 2021 - 2031F |
6.1.4 Guatemala Tyres Market Revenues & Volume, By Bias Ply, 2021 - 2031F |
6.1.5 Guatemala Tyres Market Revenues & Volume, By Tubeless, 2021 - 2031F |
6.1.6 Guatemala Tyres Market Revenues & Volume, By Tube Type, 2021 - 2031F |
6.2 Guatemala Tyres Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Tyres Market Revenues & Volume, By Natural Rubber, 2021 - 2031F |
6.2.3 Guatemala Tyres Market Revenues & Volume, By Synthetic Rubber, 2021 - 2031F |
6.2.4 Guatemala Tyres Market Revenues & Volume, By Recycled Material, 2021 - 2031F |
6.2.5 Guatemala Tyres Market Revenues & Volume, By Carbon-Based, 2021 - 2031F |
6.3 Guatemala Tyres Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Tyres Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Guatemala Tyres Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Guatemala Tyres Market Revenues & Volume, By Two-Wheelers, 2021 - 2031F |
6.3.5 Guatemala Tyres Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.4 Guatemala Tyres Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Tyres Market Revenues & Volume, By OEMs, 2021 - 2031F |
6.4.3 Guatemala Tyres Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
6.4.4 Guatemala Tyres Market Revenues & Volume, By Fleet Operators, 2021 - 2031F |
6.4.5 Guatemala Tyres Market Revenues & Volume, By Agriculture and Construction, 2021 - 2031F |
7 Guatemala Tyres Market Import-Export Trade Statistics |
7.1 Guatemala Tyres Market Export to Major Countries |
7.2 Guatemala Tyres Market Imports from Major Countries |
8 Guatemala Tyres Market Key Performance Indicators |
8.1 Average selling price of tires in Guatemala |
8.2 Number of vehicles on the road in Guatemala |
8.3 GDP growth rate of Guatemala |
9 Guatemala Tyres Market - Opportunity Assessment |
9.1 Guatemala Tyres Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Tyres Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Guatemala Tyres Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Guatemala Tyres Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guatemala Tyres Market - Competitive Landscape |
10.1 Guatemala Tyres Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Tyres 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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