| Product Code: ETC7363220 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of agricultural soil testing equipment, with top exporters being the USA, Trinidad and Tobago, China, Hong Kong, and India. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a negative compound annual growth rate (CAGR) of -2.55% from 2020 to 2024. Additionally, the growth rate from 2023 to 2024 declined significantly by -7.88%, highlighting potential challenges and shifts in the market dynamics for agricultural soil testing equipment in Grenada.
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 Agricultural Soil Testing Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Agricultural Soil Testing Equipment Market - Industry Life Cycle |
3.4 Grenada Agricultural Soil Testing Equipment Market - Porter's Five Forces |
3.5 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume Share, By Test Type, 2021 & 2031F |
3.6 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume Share, By Degree of Automation, 2021 & 2031F |
3.7 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume Share, By Site, 2021 & 2031F |
3.8 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Agricultural Soil Testing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Agricultural Soil Testing Equipment Market Trends |
6 Grenada Agricultural Soil Testing Equipment Market, By Types |
6.1 Grenada Agricultural Soil Testing Equipment Market, By Test Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Test Type, 2021- 2031F |
6.1.3 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Physical Tests, 2021- 2031F |
6.1.4 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Residual Tests, 2021- 2031F |
6.1.5 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Chemical Tests, 2021- 2031F |
6.2 Grenada Agricultural Soil Testing Equipment Market, By Degree of Automation |
6.2.1 Overview and Analysis |
6.2.2 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Manual, 2021- 2031F |
6.2.3 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Automatic and Semi-Automatic, 2021- 2031F |
6.3 Grenada Agricultural Soil Testing Equipment Market, By Site |
6.3.1 Overview and Analysis |
6.3.2 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Laboratory, 2021- 2031F |
6.3.3 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By On-Site, 2021- 2031F |
6.4 Grenada Agricultural Soil Testing Equipment Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.4.3 Grenada Agricultural Soil Testing Equipment Market Revenues & Volume, By Manufacturer/Distributor/Service Provider, 2021- 2031F |
7 Grenada Agricultural Soil Testing Equipment Market Import-Export Trade Statistics |
7.1 Grenada Agricultural Soil Testing Equipment Market Export to Major Countries |
7.2 Grenada Agricultural Soil Testing Equipment Market Imports from Major Countries |
8 Grenada Agricultural Soil Testing Equipment Market Key Performance Indicators |
9 Grenada Agricultural Soil Testing Equipment Market - Opportunity Assessment |
9.1 Grenada Agricultural Soil Testing Equipment Market Opportunity Assessment, By Test Type, 2021 & 2031F |
9.2 Grenada Agricultural Soil Testing Equipment Market Opportunity Assessment, By Degree of Automation, 2021 & 2031F |
9.3 Grenada Agricultural Soil Testing Equipment Market Opportunity Assessment, By Site, 2021 & 2031F |
9.4 Grenada Agricultural Soil Testing Equipment Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Agricultural Soil Testing Equipment Market - Competitive Landscape |
10.1 Grenada Agricultural Soil Testing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Agricultural Soil Testing Equipment 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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