| Product Code: ETC6310073 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados continues to see a strong demand for external gear pumps, with top exporting countries such as the USA, Denmark, Germany, Japan, and Thailand dominating the market in 2024. Despite a high concentration of shipments, the industry experienced an impressive compound annual growth rate (CAGR) of 18.06% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -36.01%. This data suggests a dynamic market environment for external gear pump imports in Barbados, with potential opportunities for further expansion and market diversification in the coming years.

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 Barbados External Gear Pump Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados External Gear Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados External Gear Pump Market - Industry Life Cycle |
3.4 Barbados External Gear Pump Market - Porter's Five Forces |
3.5 Barbados External Gear Pump Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Barbados External Gear Pump Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Barbados External Gear Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Barbados leading to higher demand for external gear pumps |
4.2.2 Growing focus on energy efficiency and sustainability, driving the adoption of more efficient gear pump technologies |
4.2.3 Expansion of the agriculture sector in Barbados requiring external gear pumps for irrigation and other applications |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with external gear pumps |
4.3.2 Limited awareness and technical knowledge about the benefits and applications of external gear pumps in Barbados |
5 Barbados External Gear Pump Market Trends |
6 Barbados External Gear Pump Market, By Types |
6.1 Barbados External Gear Pump Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados External Gear Pump Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Barbados External Gear Pump Market Revenues & Volume, By Motorless, 2021- 2031F |
6.1.4 Barbados External Gear Pump Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 Barbados External Gear Pump Market Revenues & Volume, By Two Shaft, 2021- 2031F |
6.2 Barbados External Gear Pump Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Barbados External Gear Pump Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Barbados External Gear Pump Market Revenues & Volume, By Chemical Processing, 2021- 2031F |
6.2.4 Barbados External Gear Pump Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.2.5 Barbados External Gear Pump Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.6 Barbados External Gear Pump Market Revenues & Volume, By Automotive Manufacturing, 2021- 2031F |
6.2.7 Barbados External Gear Pump Market Revenues & Volume, By Others, 2021- 2031F |
7 Barbados External Gear Pump Market Import-Export Trade Statistics |
7.1 Barbados External Gear Pump Market Export to Major Countries |
7.2 Barbados External Gear Pump Market Imports from Major Countries |
8 Barbados External Gear Pump Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of external gear pumps in Barbados |
8.2 Adoption rate of external gear pumps in key industries |
8.3 Maintenance cost reduction percentage for users of external gear pumps |
9 Barbados External Gear Pump Market - Opportunity Assessment |
9.1 Barbados External Gear Pump Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Barbados External Gear Pump Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Barbados External Gear Pump Market - Competitive Landscape |
10.1 Barbados External Gear Pump Market Revenue Share, By Companies, 2024 |
10.2 Barbados External Gear Pump 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.
To discover high-growth global markets and optimize your business strategy:
Click Here