| Product Code: ETC4688422 | 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 on imports of marine propellers from various countries, with top exporters being Areas, nes, USA, Trinidad and Tobago, Japan, and Mauritius. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 31.33%. However, there was a notable decline in growth rate from 2023 to 2024 at -25.29%, suggesting a potential shift or temporary setback in the market dynamics. Tracking these trends will be crucial for stakeholders in the marine propellers import industry.
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 Marine Propellers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Marine Propellers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Marine Propellers Market - Industry Life Cycle |
3.4 Grenada Marine Propellers Market - Porter's Five Forces |
3.5 Grenada Marine Propellers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Marine Propellers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2021 & 2031F |
3.8 Grenada Marine Propellers Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Marine Propellers Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.10 Grenada Marine Propellers Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Grenada Marine Propellers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Marine Propellers Market Trends |
6 Grenada Marine Propellers Market Segmentations |
6.1 Grenada Marine Propellers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Marine Propellers Market Revenues & Volume, By Propellers, 2021-2031F |
6.1.3 Grenada Marine Propellers Market Revenues & Volume, By Thrusters, 2021-2031F |
6.1.4 Grenada Marine Propellers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Marine Propellers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Marine Propellers Market Revenues & Volume, By Merchant Ships, 2021-2031F |
6.2.3 Grenada Marine Propellers Market Revenues & Volume, By Naval Ships, 2021-2031F |
6.2.4 Grenada Marine Propellers Market Revenues & Volume, By Recreational Boats, 2021-2031F |
6.2.5 Grenada Marine Propellers Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Marine Propellers Market, By Number of Blades |
6.3.1 Overview and Analysis |
6.3.2 Grenada Marine Propellers Market Revenues & Volume, By 3-blade, 2021-2031F |
6.3.3 Grenada Marine Propellers Market Revenues & Volume, By 4-blade, 2021-2031F |
6.3.4 Grenada Marine Propellers Market Revenues & Volume, By 5-blade, 2021-2031F |
6.3.5 Grenada Marine Propellers Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Marine Propellers Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Marine Propellers Market Revenues & Volume, By OEM, 2021-2031F |
6.4.3 Grenada Marine Propellers Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.5 Grenada Marine Propellers Market, By Propulsion |
6.5.1 Overview and Analysis |
6.5.2 Grenada Marine Propellers Market Revenues & Volume, By Inboard, 2021-2031F |
6.5.3 Grenada Marine Propellers Market Revenues & Volume, By Outboard, 2021-2031F |
6.5.4 Grenada Marine Propellers Market Revenues & Volume, By Sterndrive, 2021-2031F |
6.5.5 Grenada Marine Propellers Market Revenues & Volume, By Others, 2021-2031F |
6.6 Grenada Marine Propellers Market, By Material |
6.6.1 Overview and Analysis |
6.6.2 Grenada Marine Propellers Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.6.3 Grenada Marine Propellers Market Revenues & Volume, By Aluminium, 2021-2031F |
6.6.4 Grenada Marine Propellers Market Revenues & Volume, By Bronze, 2021-2031F |
6.6.5 Grenada Marine Propellers Market Revenues & Volume, By Nickel-Aluminium Bronze, 2021-2031F |
6.6.6 Grenada Marine Propellers Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Marine Propellers Market Import-Export Trade Statistics |
7.1 Grenada Marine Propellers Market Export to Major Countries |
7.2 Grenada Marine Propellers Market Imports from Major Countries |
8 Grenada Marine Propellers Market Key Performance Indicators |
9 Grenada Marine Propellers Market - Opportunity Assessment |
9.1 Grenada Marine Propellers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Marine Propellers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Marine Propellers Market Opportunity Assessment, By Number of Blades, 2021 & 2031F |
9.4 Grenada Marine Propellers Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Marine Propellers Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.6 Grenada Marine Propellers Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Grenada Marine Propellers Market - Competitive Landscape |
10.1 Grenada Marine Propellers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Marine Propellers 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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