The Diesel Automotive market with engines over 1500cc and 2500cc in Guatemala showed a value per capita of $10.21 in 2023. Over the past decade, the market experienced fluctuations, peaking in 2015 at $10.43, then declining and stabilizing with some recovery in recent years. The year-on-year variations indicate a growth of approximately 1.19% in 2023 from 2022. Analyzing the last five years, the Compound Annual Growth Rate (CAGR) is around 1.79%, indicating modest growth despite fluctuations.
Future trends to watch include:
- Potential impacts of environmental regulations on diesel vehicles.
- Shifts towards alternative energy vehicles which may influence demand.
- Economic factors within Guatemala which could affect purchasing power and vehicle demand.
| # | 18 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 223.61 | 2023 | View data | ||
| 2 | 2 Belgium | 187.03 | 2023 | View data | ||
| 3 | 3 Japan | 84.41 | 2023 | View data | ||
| 4 | 4 Montenegro | 80.04 | 2023 | View data | ||
| 5 | 5 Slovenia | 74.6 | 2023 | View data | ||
| 12 | 12 Brazil | 13.88 | 2023 | View data | ||
| 13 | 13 Belize | 13.86 | 2023 | View data | ||
| 14 | 14 Guatemala | 10.21 | 2023 | |||
| 15 | 15 Kenya | 7.6 | 2023 | View data | ||
| 16 | 16 Madagascar | 3.02 | 2023 | View data | ||
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