| Product Code: ETC5874684 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Saint Vincent and the Grenadines saw a significant increase in the concentration of light electric vehicles (LEVs) imports, with the top exporters being the United States of America, Indonesia, Italy, Japan, and Puerto Rico. The Herfindahl-Hirschman Index (HHI) shifted from high concentration in 2022 to very high concentration in 2023, indicating a more consolidated market. However, the compound annual growth rate (CAGR) experienced a sharp decline of -54.65%, with an overall negative growth rate of -51.16%. This suggests a challenging year for the LEV import market in Saint Vincent and the Grenadines.

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 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Vehicle Category, 2021 & 2031F |
3.7 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Trends |
6 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Segmentations |
6.1 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By Personal Mobility, 2021-2031F |
6.1.3 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By Shared Mobility, 2021-2031F |
6.1.4 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By Recreation & Sports, 2021-2031F |
6.1.5 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market, By Vehicle Category |
6.2.1 Overview and Analysis |
6.2.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By 2-wheelers, 2021-2031F |
6.2.3 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By 3-wheelers, 2021-2031F |
6.2.4 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By 4-wheelers, 2021-2031F |
6.3 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By Less than 6 kW, 2021-2031F |
6.3.3 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By 6-9 kW, 2021-2031F |
6.3.4 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenues & Volume, By 9-15 kW, 2021-2031F |
7 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Key Performance Indicators |
9 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Vehicle Category, 2021 & 2031F |
9.3 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Light Electric Vehicles (LEVs) 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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