| Product Code: ETC5773151 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The industrial counterweights import market in Grenada saw significant growth in 2024, with key exporting countries including the USA, Trinidad and Tobago, UK, China, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 36.03% from 2020 to 2024 demonstrates a rapidly expanding market. Additionally, the growth rate of 7.16% from 2023 to 2024 suggests continued momentum in the industry. Grenada`s reliance on these top exporting countries highlights the importance of international trade in meeting its industrial counterweight needs.
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 Industrial Counterweights Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Industrial Counterweights Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Industrial Counterweights Market - Industry Life Cycle |
3.4 Grenada Industrial Counterweights Market - Porter's Five Forces |
3.5 Grenada Industrial Counterweights Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Industrial Counterweights Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Industrial Counterweights Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Industrial Counterweights Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Industrial Counterweights Market Trends |
6 Grenada Industrial Counterweights Market Segmentations |
6.1 Grenada Industrial Counterweights Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Industrial Counterweights Market Revenues & Volume, By Swing Counterweight, 2021-2031F |
6.1.3 Grenada Industrial Counterweights Market Revenues & Volume, By Fixed Counterweight, 2021-2031F |
6.2 Grenada Industrial Counterweights Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Industrial Counterweights Market Revenues & Volume, By Steel & Iron, 2021-2031F |
6.2.3 Grenada Industrial Counterweights Market Revenues & Volume, By Concrete, 2021-2031F |
6.3 Grenada Industrial Counterweights Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Industrial Counterweights Market Revenues & Volume, By Elevators, 2021-2031F |
6.3.3 Grenada Industrial Counterweights Market Revenues & Volume, By Cranes, 2021-2031F |
6.3.4 Grenada Industrial Counterweights Market Revenues & Volume, By Forklift, 2021-2031F |
6.3.5 Grenada Industrial Counterweights Market Revenues & Volume, By Excavators, 2021-2031F |
6.3.6 Grenada Industrial Counterweights Market Revenues & Volume, By Lifts, 2021-2031F |
6.3.7 Grenada Industrial Counterweights Market Revenues & Volume, By Grinding Wheels, 2021-2031F |
7 Grenada Industrial Counterweights Market Import-Export Trade Statistics |
7.1 Grenada Industrial Counterweights Market Export to Major Countries |
7.2 Grenada Industrial Counterweights Market Imports from Major Countries |
8 Grenada Industrial Counterweights Market Key Performance Indicators |
9 Grenada Industrial Counterweights Market - Opportunity Assessment |
9.1 Grenada Industrial Counterweights Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Industrial Counterweights Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Industrial Counterweights Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Industrial Counterweights Market - Competitive Landscape |
10.1 Grenada Industrial Counterweights Market Revenue Share, By Companies, 2024 |
10.2 Grenada Industrial Counterweights 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