| Product Code: ETC7374653 | 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 rely heavily on metalworking equipment imports, with the USA, Lebanon, China, Netherlands, and Trinidad and Tobago emerging as the top exporting countries. Despite a concerning high concentration in the market, the compound annual growth rate (CAGR) for 2020-2024 was notably negative at -27.43%. This trend worsened in 2024, with a staggering growth rate of -77.16% compared to the previous year. Grenada`s metalworking equipment import market may face challenges ahead, necessitating a strategic reassessment of sourcing and market dynamics.
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 Metalworking Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Metalworking Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Metalworking Equipment Market - Industry Life Cycle |
3.4 Grenada Metalworking Equipment Market - Porter's Five Forces |
3.5 Grenada Metalworking Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Metalworking Equipment Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Grenada Metalworking Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Metalworking Equipment Market Trends |
6 Grenada Metalworking Equipment Market, By Types |
6.1 Grenada Metalworking Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Metalworking Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Metalworking Equipment Market Revenues & Volume, By Lathe Machines, 2021- 2031F |
6.1.4 Grenada Metalworking Equipment Market Revenues & Volume, By Milling Machines, 2021- 2031F |
6.1.5 Grenada Metalworking Equipment Market Revenues & Volume, By Grinding Machines, 2021- 2031F |
6.1.6 Grenada Metalworking Equipment Market Revenues & Volume, By Drilling Machines, 2021- 2031F |
6.1.7 Grenada Metalworking Equipment Market Revenues & Volume, By Saw Machines, 2021- 2031F |
6.1.8 Grenada Metalworking Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Metalworking Equipment Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Grenada Metalworking Equipment Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Grenada Metalworking Equipment Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.2.4 Grenada Metalworking Equipment Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.5 Grenada Metalworking Equipment Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.6 Grenada Metalworking Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Metalworking Equipment Market Import-Export Trade Statistics |
7.1 Grenada Metalworking Equipment Market Export to Major Countries |
7.2 Grenada Metalworking Equipment Market Imports from Major Countries |
8 Grenada Metalworking Equipment Market Key Performance Indicators |
9 Grenada Metalworking Equipment Market - Opportunity Assessment |
9.1 Grenada Metalworking Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Metalworking Equipment Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Grenada Metalworking Equipment Market - Competitive Landscape |
10.1 Grenada Metalworking Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Metalworking Equipment 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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