| Product Code: ETC5527500 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on imports of micro-irrigation systems, with top exporting countries including the USA, UK, Trinidad and Tobago, China, and Jamaica. Despite a low CAGR of 0.1% from 2020 to 2024, the market faced a significant decline in growth rate of -12.93% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market competition and pricing dynamics in the micro-irrigation systems sector in Grenada.
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 Micro-Irrigation Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Micro-Irrigation Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Micro-Irrigation Systems Market - Industry Life Cycle |
3.4 Grenada Micro-Irrigation Systems Market - Porter's Five Forces |
3.5 Grenada Micro-Irrigation Systems Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.6 Grenada Micro-Irrigation Systems Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.7 Grenada Micro-Irrigation Systems Market Revenues & Volume Share, By Cultivation Technology, 2021 & 2031F |
3.8 Grenada Micro-Irrigation Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Micro-Irrigation Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about water conservation and sustainable agricultural practices |
4.2.2 Government initiatives promoting the adoption of micro-irrigation systems |
4.2.3 Growing demand for high-value crops in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing micro-irrigation systems |
4.3.2 Limited access to financing options for farmers to invest in advanced irrigation technologies |
4.3.3 Lack of technical know-how and training among farmers for efficient use of micro-irrigation systems |
5 Grenada Micro-Irrigation Systems Market Trends |
6 Grenada Micro-Irrigation Systems Market Segmentations |
6.1 Grenada Micro-Irrigation Systems Market, By Mechanism |
6.1.1 Overview and Analysis |
6.1.2 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Drip Irrigation System, 2021-2031F |
6.1.3 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Sprinkler Irrigation System, 2021-2031F |
6.1.4 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Other? , 2021-2031F |
6.2 Grenada Micro-Irrigation Systems Market, By Components |
6.2.1 Overview and Analysis |
6.2.2 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Drip Irrigation Components, 2021-2031F |
6.2.3 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Sprinkler Irrigation Components, 2021-2031F |
6.3 Grenada Micro-Irrigation Systems Market, By Cultivation Technology |
6.3.1 Overview and Analysis |
6.4 Grenada Micro-Irrigation Systems Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Field Crops, 2021-2031F |
6.4.3 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Orchards and Vineyards, 2021-2031F | 6.4.4 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Vegetables, 2021-2031F |
6.4.5 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Plantation Crops, 2021-2031F |
6.4.6 Grenada Micro-Irrigation Systems Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Micro-Irrigation Systems Market Import-Export Trade Statistics |
7.1 Grenada Micro-Irrigation Systems Market Export to Major Countries |
7.2 Grenada Micro-Irrigation Systems Market Imports from Major Countries |
8 Grenada Micro-Irrigation Systems Market Key Performance Indicators |
8.1 Water use efficiency (measured in liters of water per unit of land area irrigated) |
8.2 Crop yield improvement percentage attributed to micro-irrigation systems |
8.3 Adoption rate of micro-irrigation systems among smallholder farmers in Grenada |
9 Grenada Micro-Irrigation Systems Market - Opportunity Assessment |
9.1 Grenada Micro-Irrigation Systems Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.2 Grenada Micro-Irrigation Systems Market Opportunity Assessment, By Components, 2021 & 2031F |
9.3 Grenada Micro-Irrigation Systems Market Opportunity Assessment, By Cultivation Technology, 2021 & 2031F |
9.4 Grenada Micro-Irrigation Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Micro-Irrigation Systems Market - Competitive Landscape |
10.1 Grenada Micro-Irrigation Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Micro-Irrigation Systems 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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