| Product Code: ETC12395686 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s import shipments of ground engaging tools in 2024 continued to show a high degree of concentration, with the top exporting countries being the USA, Trinidad and Tobago, UK, China, and Netherlands. The industry experienced impressive growth, with a remarkable Compound Annual Growth Rate (CAGR) of 36.03% from 2020 to 2024. The growth momentum remained strong in 2024, with a growth rate of 7.16% from the previous year. These trends indicate a robust demand for ground engaging tools in Grenada, driven by imports from key global players.
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 Ground Engaging Tools Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ground Engaging Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ground Engaging Tools Market - Industry Life Cycle |
3.4 Grenada Ground Engaging Tools Market - Porter's Five Forces |
3.5 Grenada Ground Engaging Tools Market Revenues & Volume Share, By Tool Type, 2021 & 2031F |
3.6 Grenada Ground Engaging Tools Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Ground Engaging Tools Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Ground Engaging Tools Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.9 Grenada Ground Engaging Tools Market Revenues & Volume Share, By Durability, 2021 & 2031F |
4 Grenada Ground Engaging Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ground Engaging Tools Market Trends |
6 Grenada Ground Engaging Tools Market, By Types |
6.1 Grenada Ground Engaging Tools Market, By Tool Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ground Engaging Tools Market Revenues & Volume, By Tool Type, 2021 - 2031F |
6.1.3 Grenada Ground Engaging Tools Market Revenues & Volume, By Bucket Teeth, 2021 - 2031F |
6.1.4 Grenada Ground Engaging Tools Market Revenues & Volume, By Cutting Edges, 2021 - 2031F |
6.1.5 Grenada Ground Engaging Tools Market Revenues & Volume, By Ripper Shanks, 2021 - 2031F |
6.2 Grenada Ground Engaging Tools Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ground Engaging Tools Market Revenues & Volume, By High-Carbon Steel, 2021 - 2031F |
6.2.3 Grenada Ground Engaging Tools Market Revenues & Volume, By Tungsten Carbide, 2021 - 2031F |
6.2.4 Grenada Ground Engaging Tools Market Revenues & Volume, By Boron Steel, 2021 - 2031F |
6.3 Grenada Ground Engaging Tools Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ground Engaging Tools Market Revenues & Volume, By Excavation, 2021 - 2031F |
6.3.3 Grenada Ground Engaging Tools Market Revenues & Volume, By Road Grading, 2021 - 2031F |
6.3.4 Grenada Ground Engaging Tools Market Revenues & Volume, By Land Clearing, 2021 - 2031F |
6.4 Grenada Ground Engaging Tools Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 Grenada Ground Engaging Tools Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4.3 Grenada Ground Engaging Tools Market Revenues & Volume, By Mining, 2021 - 2031F |
6.4.4 Grenada Ground Engaging Tools Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.5 Grenada Ground Engaging Tools Market, By Durability |
6.5.1 Overview and Analysis |
6.5.2 Grenada Ground Engaging Tools Market Revenues & Volume, By High Strength, 2021 - 2031F |
6.5.3 Grenada Ground Engaging Tools Market Revenues & Volume, By Medium Strength, 2021 - 2031F |
6.5.4 Grenada Ground Engaging Tools Market Revenues & Volume, By Low Strength, 2021 - 2031F |
7 Grenada Ground Engaging Tools Market Import-Export Trade Statistics |
7.1 Grenada Ground Engaging Tools Market Export to Major Countries |
7.2 Grenada Ground Engaging Tools Market Imports from Major Countries |
8 Grenada Ground Engaging Tools Market Key Performance Indicators |
9 Grenada Ground Engaging Tools Market - Opportunity Assessment |
9.1 Grenada Ground Engaging Tools Market Opportunity Assessment, By Tool Type, 2021 & 2031F |
9.2 Grenada Ground Engaging Tools Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Ground Engaging Tools Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Ground Engaging Tools Market Opportunity Assessment, By Industry, 2021 & 2031F |
9.5 Grenada Ground Engaging Tools Market Opportunity Assessment, By Durability, 2021 & 2031F |
10 Grenada Ground Engaging Tools Market - Competitive Landscape |
10.1 Grenada Ground Engaging Tools Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ground Engaging Tools 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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