| Product Code: ETC5305941 | 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 |
Grenada`s import shipments of pneumatic tires have shown impressive growth, with a high concentration of imports from top countries like China, UK, Taiwan, USA, and Jamaica. The Herfindahl-Hirschman Index (HHI) indicates a significant increase in market concentration from 2023 to 2024, suggesting a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a robust 18.74%, while the growth rate from 2023 to 2024 spiked to an impressive 38.02%. This data indicates a dynamic and expanding market for pneumatic tires in Grenada, driven by key exporting countries.
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 Pneumatic Tires Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pneumatic Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pneumatic Tires Market - Industry Life Cycle |
3.4 Grenada Pneumatic Tires Market - Porter's Five Forces |
3.5 Grenada Pneumatic Tires Market Revenues & Volume Share, By Type Of Sales, 2021 & 2031F |
3.6 Grenada Pneumatic Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Pneumatic Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Pneumatic Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in Grenada |
4.2.2 Growth in the construction industry in Grenada |
4.2.3 Government initiatives promoting transportation infrastructure development |
4.3 Market Restraints |
4.3.1 High import duties on raw materials for tire manufacturing |
4.3.2 Fluctuating prices of raw materials such as rubber |
4.3.3 Competition from alternative tire technologies such as solid tires |
5 Grenada Pneumatic Tires Market Trends |
6 Grenada Pneumatic Tires Market Segmentations |
6.1 Grenada Pneumatic Tires Market, By Type Of Sales |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pneumatic Tires Market Revenues & Volume, By Replacement tires, 2021-2031F |
6.1.3 Grenada Pneumatic Tires Market Revenues & Volume, By OEM, 2021-2031F |
6.2 Grenada Pneumatic Tires Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pneumatic Tires Market Revenues & Volume, By Two Wheelers, 2021-2031F |
6.2.3 Grenada Pneumatic Tires Market Revenues & Volume, By Four Wheelers, 2021-2031F |
6.2.4 Grenada Pneumatic Tires Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.5 Grenada Pneumatic Tires Market Revenues & Volume, By Aircraft, 2021-2031F |
6.2.6 Grenada Pneumatic Tires Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Pneumatic Tires Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Pneumatic Tires Market Revenues & Volume, By Radial Tires, 2021-2031F |
6.3.3 Grenada Pneumatic Tires Market Revenues & Volume, By Cross-ply Tires, 2021-2031F |
7 Grenada Pneumatic Tires Market Import-Export Trade Statistics |
7.1 Grenada Pneumatic Tires Market Export to Major Countries |
7.2 Grenada Pneumatic Tires Market Imports from Major Countries |
8 Grenada Pneumatic Tires Market Key Performance Indicators |
8.1 Average age of vehicles in Grenada |
8.2 Number of construction projects in Grenada |
8.3 Percentage of government budget allocated to transportation infrastructure maintenance |
9 Grenada Pneumatic Tires Market - Opportunity Assessment |
9.1 Grenada Pneumatic Tires Market Opportunity Assessment, By Type Of Sales, 2021 & 2031F |
9.2 Grenada Pneumatic Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Pneumatic Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Pneumatic Tires Market - Competitive Landscape |
10.1 Grenada Pneumatic Tires Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pneumatic Tires 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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