| Product Code: ETC4941255 | 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 |
Grenada`s machine tools import market in 2024 continued to see a high concentration with top exporters being the USA, China, Lebanon, Trinidad and Tobago, and the UK. The market witnessed a significant CAGR of 26.41% from 2020 to 2024, with a remarkable growth rate of 103.57% in 2024 alone. This indicates a robust demand for machine tools in Grenada, likely driven by industrial development and modernization efforts. Grenada`s reliance on these key exporting countries highlights the importance of maintaining strong trade relationships to ensure a steady supply of quality machine tools.
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 Machine tools Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Machine tools Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Machine tools Market - Industry Life Cycle |
3.4 Grenada Machine tools Market - Porter's Five Forces |
3.5 Grenada Machine tools Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Machine tools Market Revenues & Volume Share, By Automation Type? , 2021 & 2031F |
3.7 Grenada Machine tools Market Revenues & Volume Share, By Industry Segment, 2021 & 2031F |
3.8 Grenada Machine tools Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Machine tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Machine tools Market Trends |
6 Grenada Machine tools Market Segmentations |
6.1 Grenada Machine tools Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Machine tools Market Revenues & Volume, By Milling Machines, 2021-2031F |
6.1.3 Grenada Machine tools Market Revenues & Volume, By Drilling Machines, 2021-2031F |
6.1.4 Grenada Machine tools Market Revenues & Volume, By Turning Machines, 2021-2031F |
6.1.5 Grenada Machine tools Market Revenues & Volume, By Grinding Machines, 2021-2031F |
6.1.6 Grenada Machine tools Market Revenues & Volume, By Electrical Discharge Machines, 2021-2031F |
6.2 Grenada Machine tools Market, By Automation Type? |
6.2.1 Overview and Analysis |
6.2.2 Grenada Machine tools Market Revenues & Volume, By CNC Machine Tools, 2021-2031F |
6.2.3 Grenada Machine tools Market Revenues & Volume, By Conventional Machine Tools, 2021-2031F |
6.3 Grenada Machine tools Market, By Industry Segment |
6.3.1 Overview and Analysis |
6.3.2 Grenada Machine tools Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.3.3 Grenada Machine tools Market Revenues & Volume, By Sheet Metals, 2021-2031F |
6.3.4 Grenada Machine tools Market Revenues & Volume, By Capital Goods, 2021-2031F |
6.3.5 Grenada Machine tools Market Revenues & Volume, By Energy, 2021-2031F |
6.4 Grenada Machine tools Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Machine tools Market Revenues & Volume, By Events and Exhibitions, 2021-2031F |
6.4.3 Grenada Machine tools Market Revenues & Volume, By Dealers and Distributors, 2021-2031F |
7 Grenada Machine tools Market Import-Export Trade Statistics |
7.1 Grenada Machine tools Market Export to Major Countries |
7.2 Grenada Machine tools Market Imports from Major Countries |
8 Grenada Machine tools Market Key Performance Indicators |
9 Grenada Machine tools Market - Opportunity Assessment |
9.1 Grenada Machine tools Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Machine tools Market Opportunity Assessment, By Automation Type? , 2021 & 2031F |
9.3 Grenada Machine tools Market Opportunity Assessment, By Industry Segment, 2021 & 2031F |
9.4 Grenada Machine tools Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Machine tools Market - Competitive Landscape |
10.1 Grenada Machine tools Market Revenue Share, By Companies, 2024 |
10.2 Grenada Machine 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.
To discover high-growth global markets and optimize your business strategy:
Click Here