| Product Code: ETC11312614 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s import shipments of wheeled excavators in 2024 saw a notable shift in concentration, moving from a very high Herfindahl-Hirschman Index (HHI) in 2023 to a more moderate level. The top exporting countries to Grenada include South Korea, UK, Barbados, China, and Trinidad and Tobago. The impressive compound annual growth rate (CAGR) of 10.68% from 2020 to 2024 indicates a strong upward trend in demand. Furthermore, the exceptional growth rate of 112.06% from 2023 to 2024 underscores the increasing significance of wheeled excavators in Grenada`s market.
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 Wheeled Excavators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wheeled Excavators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wheeled Excavators Market - Industry Life Cycle |
3.4 Grenada Wheeled Excavators Market - Porter's Five Forces |
3.5 Grenada Wheeled Excavators Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Wheeled Excavators Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Grenada Wheeled Excavators Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Wheeled Excavators Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Wheeled Excavators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Wheeled Excavators Market Trends |
6 Grenada Wheeled Excavators Market, By Types |
6.1 Grenada Wheeled Excavators Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wheeled Excavators Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Wheeled Excavators Market Revenues & Volume, By Compact Wheeled Excavators, 2021 - 2031F |
6.1.4 Grenada Wheeled Excavators Market Revenues & Volume, By Standard Wheeled Excavators, 2021 - 2031F |
6.1.5 Grenada Wheeled Excavators Market Revenues & Volume, By Heavy-Duty Wheeled Excavators, 2021 - 2031F |
6.2 Grenada Wheeled Excavators Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wheeled Excavators Market Revenues & Volume, By Assembled Units, 2021 - 2031F |
6.2.3 Grenada Wheeled Excavators Market Revenues & Volume, By Assembled Units, 2021 - 2031F |
6.2.4 Grenada Wheeled Excavators Market Revenues & Volume, By Assembled Units, 2021 - 2031F |
6.3 Grenada Wheeled Excavators Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Wheeled Excavators Market Revenues & Volume, By Dealerships, 2021 - 2031F |
6.3.3 Grenada Wheeled Excavators Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.3.4 Grenada Wheeled Excavators Market Revenues & Volume, By Online Platforms, 2021 - 2031F |
6.4 Grenada Wheeled Excavators Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Wheeled Excavators Market Revenues & Volume, By Construction Industry, 2021 - 2031F |
6.4.3 Grenada Wheeled Excavators Market Revenues & Volume, By Mining Industry, 2021 - 2031F |
6.4.4 Grenada Wheeled Excavators Market Revenues & Volume, By Infrastructure Development, 2021 - 2031F |
7 Grenada Wheeled Excavators Market Import-Export Trade Statistics |
7.1 Grenada Wheeled Excavators Market Export to Major Countries |
7.2 Grenada Wheeled Excavators Market Imports from Major Countries |
8 Grenada Wheeled Excavators Market Key Performance Indicators |
9 Grenada Wheeled Excavators Market - Opportunity Assessment |
9.1 Grenada Wheeled Excavators Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Wheeled Excavators Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Grenada Wheeled Excavators Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Wheeled Excavators Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Wheeled Excavators Market - Competitive Landscape |
10.1 Grenada Wheeled Excavators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wheeled Excavators 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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