| Product Code: ETC4832461 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports of forklift batteries, with the top exporting countries being the USA, Saint Lucia, UK, Germany, and other areas not elsewhere specified. The market concentration, as measured by the HHI, remained very high, indicating limited diversification among suppliers. The sector experienced a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024, with a negative growth rate of -12.75%. Furthermore, the growth rate from 2023 to 2024 plummeted by -43.58%, highlighting the challenges faced by the forklift battery import market in Grenada.
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 Forklift battery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Forklift battery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Forklift battery Market - Industry Life Cycle |
3.4 Grenada Forklift battery Market - Porter's Five Forces |
3.5 Grenada Forklift battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Forklift battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Forklift battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Forklift battery Market Trends |
6 Grenada Forklift battery Market Segmentations |
6.1 Grenada Forklift battery Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Forklift battery Market Revenues & Volume, By Warehouses, 2021-2031F |
6.1.3 Grenada Forklift battery Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.1.4 Grenada Forklift battery Market Revenues & Volume, By Construction, 2021-2031F |
6.1.5 Grenada Forklift battery Market Revenues & Volume, By Retail and Wholesale Stores, 2021-2031F |
6.1.6 Grenada Forklift battery Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Forklift battery Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Forklift battery Market Revenues & Volume, By Lithium Ion (LI-ion), 2021-2031F |
6.2.3 Grenada Forklift battery Market Revenues & Volume, By Lead Acid Battery, 2021-2031F |
6.2.4 Grenada Forklift battery Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Forklift battery Market Import-Export Trade Statistics |
7.1 Grenada Forklift battery Market Export to Major Countries |
7.2 Grenada Forklift battery Market Imports from Major Countries |
8 Grenada Forklift battery Market Key Performance Indicators |
9 Grenada Forklift battery Market - Opportunity Assessment |
9.1 Grenada Forklift battery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Forklift battery Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Forklift battery Market - Competitive Landscape |
10.1 Grenada Forklift battery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Forklift battery 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