| Product Code: ETC7374614 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a high concentration of metal gear component imports, with the top exporting countries being the USA, UK, Trinidad and Tobago, Germany, and Brazil. The HHI remained at a very high level, indicating a strong dominance by a few key suppliers. The impressive compound annual growth rate (CAGR) of 17.27% from 2020 to 2024 highlights the increasing demand for metal gear components in Grenada. Moreover, the remarkable growth rate of 45.15% from 2023 to 2024 suggests a significant surge in import activity, potentially driven by various factors such as technological advancements or market trends.
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 Metal Gear Component Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Metal Gear Component Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Metal Gear Component Market - Industry Life Cycle |
3.4 Grenada Metal Gear Component Market - Porter's Five Forces |
3.5 Grenada Metal Gear Component Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Metal Gear Component Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Grenada Metal Gear Component Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Metal Gear Component Market Trends |
6 Grenada Metal Gear Component Market, By Types |
6.1 Grenada Metal Gear Component Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Metal Gear Component Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Metal Gear Component Market Revenues & Volume, By Spur Gears, 2021- 2031F |
6.1.4 Grenada Metal Gear Component Market Revenues & Volume, By Helical Gears, 2021- 2031F |
6.1.5 Grenada Metal Gear Component Market Revenues & Volume, By Bevel Gears, 2021- 2031F |
6.1.6 Grenada Metal Gear Component Market Revenues & Volume, By Rack & Pinion Gears, 2021- 2031F |
6.1.7 Grenada Metal Gear Component Market Revenues & Volume, By Worm Gears, 2021- 2031F |
6.1.8 Grenada Metal Gear Component Market Revenues & Volume, By Planetary Gears, 2021- 2031F |
6.2 Grenada Metal Gear Component Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Metal Gear Component Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Grenada Metal Gear Component Market Revenues & Volume, By Wind Power, 2021- 2031F |
6.2.4 Grenada Metal Gear Component Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.2.5 Grenada Metal Gear Component Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.6 Grenada Metal Gear Component Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Metal Gear Component Market Import-Export Trade Statistics |
7.1 Grenada Metal Gear Component Market Export to Major Countries |
7.2 Grenada Metal Gear Component Market Imports from Major Countries |
8 Grenada Metal Gear Component Market Key Performance Indicators |
9 Grenada Metal Gear Component Market - Opportunity Assessment |
9.1 Grenada Metal Gear Component Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Metal Gear Component Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Grenada Metal Gear Component Market - Competitive Landscape |
10.1 Grenada Metal Gear Component Market Revenue Share, By Companies, 2024 |
10.2 Grenada Metal Gear Component 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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