| Product Code: ETC7363587 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see significant import shipments of aluminum forging, with top exporters being the USA, China, Panama, Turkey, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-24 stands strong at 13.91%. This data suggests a stable demand for aluminum forging in Grenada, with key exporters 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 Grenada Aluminum Forging Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Aluminum Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Aluminum Forging Market - Industry Life Cycle |
3.4 Grenada Aluminum Forging Market - Porter's Five Forces |
3.5 Grenada Aluminum Forging Market Revenues & Volume Share, By Forging Type, 2021 & 2031F |
3.6 Grenada Aluminum Forging Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Grenada Aluminum Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Aluminum Forging Market Trends |
6 Grenada Aluminum Forging Market, By Types |
6.1 Grenada Aluminum Forging Market, By Forging Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Aluminum Forging Market Revenues & Volume, By Forging Type, 2021- 2031F |
6.1.3 Grenada Aluminum Forging Market Revenues & Volume, By Open Die Forging, 2021- 2031F |
6.1.4 Grenada Aluminum Forging Market Revenues & Volume, By Close Die Forging, 2021- 2031F |
6.1.5 Grenada Aluminum Forging Market Revenues & Volume, By ARing Rolled Forging, 2021- 2031F |
6.2 Grenada Aluminum Forging Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Aluminum Forging Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.3 Grenada Aluminum Forging Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 Grenada Aluminum Forging Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.2.5 Grenada Aluminum Forging Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Grenada Aluminum Forging Market Revenues & Volume, By Other End-User Industries, 2021- 2031F |
7 Grenada Aluminum Forging Market Import-Export Trade Statistics |
7.1 Grenada Aluminum Forging Market Export to Major Countries |
7.2 Grenada Aluminum Forging Market Imports from Major Countries |
8 Grenada Aluminum Forging Market Key Performance Indicators |
9 Grenada Aluminum Forging Market - Opportunity Assessment |
9.1 Grenada Aluminum Forging Market Opportunity Assessment, By Forging Type, 2021 & 2031F |
9.2 Grenada Aluminum Forging Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Grenada Aluminum Forging Market - Competitive Landscape |
10.1 Grenada Aluminum Forging Market Revenue Share, By Companies, 2024 |
10.2 Grenada Aluminum Forging 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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