| Product Code: ETC7373418 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a significant increase in the import shipments of large SUVs, with top exporting countries being Japan, South Korea, India, Thailand, and the UK. The market experienced very high concentration levels, indicating a strong dominance by a few key players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate over the 2020-2024 period remained steady at 4.99%. This data suggests a stable demand for large SUVs in Grenada, with key players from diverse regions contributing to the market`s growth.
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 Large SUVs Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Large SUVs Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Large SUVs Market - Industry Life Cycle |
3.4 Grenada Large SUVs Market - Porter's Five Forces |
3.5 Grenada Large SUVs Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Grenada Large SUVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for larger vehicles in Grenada |
4.2.2 Growing disposable income levels in the region |
4.2.3 Expansion of road infrastructure and urban development projects in Grenada |
4.3 Market Restraints |
4.3.1 High import duties and taxes on large SUVs in Grenada |
4.3.2 Volatility in fuel prices impacting the operating costs of large SUVs |
5 Grenada Large SUVs Market Trends |
6 Grenada Large SUVs Market, By Types |
6.1 Grenada Large SUVs Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Large SUVs Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Grenada Large SUVs Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.4 Grenada Large SUVs Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.5 Grenada Large SUVs Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.6 Grenada Large SUVs Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Large SUVs Market Import-Export Trade Statistics |
7.1 Grenada Large SUVs Market Export to Major Countries |
7.2 Grenada Large SUVs Market Imports from Major Countries |
8 Grenada Large SUVs Market Key Performance Indicators |
8.1 Average age of large SUVs in Grenada |
8.2 Number of charging stations for electric large SUVs in Grenada |
8.3 Percentage of households owning at least one large SUV in Grenada |
9 Grenada Large SUVs Market - Opportunity Assessment |
9.1 Grenada Large SUVs Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Grenada Large SUVs Market - Competitive Landscape |
10.1 Grenada Large SUVs Market Revenue Share, By Companies, 2024 |
10.2 Grenada Large SUVs 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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