| Product Code: ETC12124006 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s excavator import market saw a significant shift in 2024, with top exporting countries including South Korea, UK, Barbados, China, and Trinidad and Tobago. The market concentration, as measured by the HHI, decreased from very high in 2023 to a more moderate level in 2024. This change indicates a more diversified import market for excavators in Grenada. With a strong compound annual growth rate (CAGR) of 10.68% from 2020 to 2024 and an impressive growth rate of 112.06% from 2023 to 2024, the excavator import sector in Grenada shows promising growth potential and evolving dynamics.
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 Excavator Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Excavator Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Excavator Market - Industry Life Cycle |
3.4 Grenada Excavator Market - Porter's Five Forces |
3.5 Grenada Excavator Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Excavator Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.7 Grenada Excavator Market Revenues & Volume Share, By Excavator Size, 2021 & 2031F |
3.8 Grenada Excavator Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Excavator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Excavator Market Trends |
6 Grenada Excavator Market, By Types |
6.1 Grenada Excavator Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Excavator Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Excavator Market Revenues & Volume, By Crawler Excavators, 2021 - 2031F |
6.1.4 Grenada Excavator Market Revenues & Volume, By Wheeled Excavators, 2021 - 2031F |
6.1.5 Grenada Excavator Market Revenues & Volume, By Mini Excavators, 2021 - 2031F |
6.1.6 Grenada Excavator Market Revenues & Volume, By Long Reach Excavators, 2021 - 2031F |
6.2 Grenada Excavator Market, By Engine Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Excavator Market Revenues & Volume, By Diesel Engine, 2021 - 2031F |
6.2.3 Grenada Excavator Market Revenues & Volume, By Electric Engine, 2021 - 2031F |
6.2.4 Grenada Excavator Market Revenues & Volume, By Hybrid Engine, 2021 - 2031F |
6.2.5 Grenada Excavator Market Revenues & Volume, By Hydraulic Engine, 2021 - 2031F |
6.3 Grenada Excavator Market, By Excavator Size |
6.3.1 Overview and Analysis |
6.3.2 Grenada Excavator Market Revenues & Volume, By Large Excavators, 2021 - 2031F |
6.3.3 Grenada Excavator Market Revenues & Volume, By Medium Excavators, 2021 - 2031F |
6.3.4 Grenada Excavator Market Revenues & Volume, By Small Excavators, 2021 - 2031F |
6.3.5 Grenada Excavator Market Revenues & Volume, By Heavy Excavators, 2021 - 2031F |
6.4 Grenada Excavator Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Excavator Market Revenues & Volume, By Construction Companies, 2021 - 2031F |
6.4.3 Grenada Excavator Market Revenues & Volume, By Municipalities and Contractors, 2021 - 2031F |
6.4.4 Grenada Excavator Market Revenues & Volume, By Landscaping and Small Contractors, 2021 - 2031F |
6.4.5 Grenada Excavator Market Revenues & Volume, By Mining and Quarrying, 2021 - 2031F |
7 Grenada Excavator Market Import-Export Trade Statistics |
7.1 Grenada Excavator Market Export to Major Countries |
7.2 Grenada Excavator Market Imports from Major Countries |
8 Grenada Excavator Market Key Performance Indicators |
9 Grenada Excavator Market - Opportunity Assessment |
9.1 Grenada Excavator Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Excavator Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.3 Grenada Excavator Market Opportunity Assessment, By Excavator Size, 2021 & 2031F |
9.4 Grenada Excavator Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Excavator Market - Competitive Landscape |
10.1 Grenada Excavator Market Revenue Share, By Companies, 2024 |
10.2 Grenada Excavator 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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