The Imported Vehicles Market in Guatemala

In 2013 61.815 vehicles entered the country having a total value of $540 million, with Toyota, Kia and Honda being the three most imported brands.

Monday, May 19, 2014

In 2013 vehicle imports into Guatemala fell by 5.5% compared to total imports in 2012, going from $570 million to $540 million (CIF value), according to a report prepared by the Department of Commercial Intelligence at CentralAmericaDATA.COM.

Of all the vehicles that entered the automotive market in Guatemala, 17% corresponded to the Japanese brand Toyota, 9% to the Korean Kia and another 9% to Honda. Hyundai and Mazda, in turn, represented 9% and 10% respectively.

Although the number of vehicles (light cars, vans) imported during 2013 was slightly higher than in 2012, the CIF value of imports was 6% lower than the value imported in the previous year.

Of all the vehicles that came into the country, 67% was valued at less than $10,000, 21% between $10,000 and $20,000, 8% between $20 thousand and $30 thousand and the remaining 4% at more than $30 thousand.

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