| Product Code: ETC8148385 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives engine components import market saw a significant shift in 2024, with top exporting countries including China, Japan, India, UK, and Sri Lanka. The market concentration, as measured by HHI, increased from moderate to very high in just one year, indicating a potential decrease in market competition. Despite a high CAGR of 18.88% from 2020 to 2024, the market experienced a sharp decline in growth rate of -50.11% from 2023 to 2024. This suggests a potential slowdown in the demand for engine components in the Maldives market in the most recent year.

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 Maldives Engine Components Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Engine Components Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Engine Components Market - Industry Life Cycle |
3.4 Maldives Engine Components Market - Porter's Five Forces |
3.5 Maldives Engine Components Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.6 Maldives Engine Components Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Engine Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in the Maldives |
4.2.2 Growth in the tourism industry leading to higher demand for marine transportation |
4.2.3 Government initiatives promoting sustainable development and infrastructure projects |
4.3 Market Restraints |
4.3.1 High import tariffs on engine components |
4.3.2 Limited manufacturing capabilities within the Maldives |
4.3.3 Impact of global economic fluctuations on import costs |
5 Maldives Engine Components Market Trends |
6 Maldives Engine Components Market, By Types |
6.1 Maldives Engine Components Market, By Components |
6.1.1 Overview and Analysis |
6.1.2 Maldives Engine Components Market Revenues & Volume, By Components, 2021- 2031F |
6.1.3 Maldives Engine Components Market Revenues & Volume, By Valve tappet/ Roller tappet, 2021- 2031F |
6.1.4 Maldives Engine Components Market Revenues & Volume, By Screw Cap Assembly, 2021- 2031F |
6.1.5 Maldives Engine Components Market Revenues & Volume, By Collet/Cotter, 2021- 2031F |
6.1.6 Maldives Engine Components Market Revenues & Volume, By Retiner, 2021- 2031F |
6.2 Maldives Engine Components Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Engine Components Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Maldives Engine Components Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.4 Maldives Engine Components Market Revenues & Volume, By Ligjht Duty Vehicle, 2021- 2031F |
6.2.5 Maldives Engine Components Market Revenues & Volume, By Medium & Heavy Duty Trucks, 2021- 2031F |
6.2.6 Maldives Engine Components Market Revenues & Volume, By Buses & Coaches, 2021- 2031F |
6.2.7 Maldives Engine Components Market Revenues & Volume, By Two-wheelers, 2021- 2031F |
6.2.8 Maldives Engine Components Market Revenues & Volume, By Tractors, 2021- 2031F |
6.2.9 Maldives Engine Components Market Revenues & Volume, By Tractors, 2021- 2031F |
6.2.10 Maldives Engine Components Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives Engine Components Market Import-Export Trade Statistics |
7.1 Maldives Engine Components Market Export to Major Countries |
7.2 Maldives Engine Components Market Imports from Major Countries |
8 Maldives Engine Components Market Key Performance Indicators |
8.1 Percentage increase in renewable energy projects utilizing engine components |
8.2 Growth in the number of marine transportation vehicles in the Maldives |
8.3 Number of government contracts awarded for infrastructure projects utilizing engine components |
9 Maldives Engine Components Market - Opportunity Assessment |
9.1 Maldives Engine Components Market Opportunity Assessment, By Components, 2021 & 2031F |
9.2 Maldives Engine Components Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Engine Components Market - Competitive Landscape |
10.1 Maldives Engine Components Market Revenue Share, By Companies, 2024 |
10.2 Maldives Engine Components 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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