| Product Code: ETC4927423 | 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 saw a notable shift in its tractor engine import market, with the USA, Trinidad and Tobago, UK, Jamaica, and Japan emerging as the top exporting countries. Despite a decrease in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 13.02% over the period of 2020-2024 indicates a strong overall upward trend. The market structure, as measured by the Herfindahl-Hirschman Index (HHI), remained at high concentration levels, suggesting continued dominance by key suppliers in the sector.
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 Tractor Engines Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Tractor Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Tractor Engines Market - Industry Life Cycle |
3.4 Grenada Tractor Engines Market - Porter's Five Forces |
3.5 Grenada Tractor Engines Market Revenues & Volume Share, By Engine Power, 2021 & 2031F |
4 Grenada Tractor Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Tractor Engines Market Trends |
6 Grenada Tractor Engines Market Segmentations |
6.1 Grenada Tractor Engines Market, By Engine Power |
6.1.1 Overview and Analysis |
6.1.2 Grenada Tractor Engines Market Revenues & Volume, By Low Power Engine, 2021-2031F |
6.1.3 Grenada Tractor Engines Market Revenues & Volume, By High Power Engine, 2021-2031F |
7 Grenada Tractor Engines Market Import-Export Trade Statistics |
7.1 Grenada Tractor Engines Market Export to Major Countries |
7.2 Grenada Tractor Engines Market Imports from Major Countries |
8 Grenada Tractor Engines Market Key Performance Indicators |
9 Grenada Tractor Engines Market - Opportunity Assessment |
9.1 Grenada Tractor Engines Market Opportunity Assessment, By Engine Power, 2021 & 2031F |
10 Grenada Tractor Engines Market - Competitive Landscape |
10.1 Grenada Tractor Engines Market Revenue Share, By Companies, 2024 |
10.2 Grenada Tractor Engines 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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