| Product Code: ETC7370504 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of flex-fuel vehicles to Grenada saw a notable shift in concentration in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating increased market dominance by top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 4-year period remains positive at 4.99%, reflecting steady expansion. Japan, South Korea, India, Thailand, and the UK emerged as key players in supplying flex-fuel vehicles to Grenada in 2024, underscoring the global diversity in trade partnerships for the country`s automotive 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 Flex-fuel Vehicle Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Flex-fuel Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Flex-fuel Vehicle Market - Industry Life Cycle |
3.4 Grenada Flex-fuel Vehicle Market - Porter's Five Forces |
3.5 Grenada Flex-fuel Vehicle Market Revenues & Volume Share, By Ethanol Blend Type, 2021 & 2031F |
3.6 Grenada Flex-fuel Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Grenada Flex-fuel Vehicle Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Grenada Flex-fuel Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and policies promoting the adoption of flex-fuel vehicles |
4.2.2 Increasing consumer awareness and demand for environmentally friendly transportation options |
4.2.3 Rising fuel prices leading to a greater preference for flexible fuel options |
4.3 Market Restraints |
4.3.1 Limited availability of flex-fuel infrastructure such as refueling stations |
4.3.2 Higher upfront costs associated with flex-fuel vehicles compared to traditional gasoline vehicles |
4.3.3 Lack of consumer understanding and education about the benefits of flex-fuel vehicles |
5 Grenada Flex-fuel Vehicle Market Trends |
6 Grenada Flex-fuel Vehicle Market, By Types |
6.1 Grenada Flex-fuel Vehicle Market, By Ethanol Blend Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Flex-fuel Vehicle Market Revenues & Volume, By Ethanol Blend Type, 2021- 2031F |
6.1.3 Grenada Flex-fuel Vehicle Market Revenues & Volume, By E10 to E25, 2021- 2031F |
6.1.4 Grenada Flex-fuel Vehicle Market Revenues & Volume, By E25 to E85, 2021- 2031F |
6.1.5 Grenada Flex-fuel Vehicle Market Revenues & Volume, By E85 and Above, 2021- 2031F |
6.2 Grenada Flex-fuel Vehicle Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Flex-fuel Vehicle Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Grenada Flex-fuel Vehicle Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3 Grenada Flex-fuel Vehicle Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Flex-fuel Vehicle Market Revenues & Volume, By Diesel, 2021- 2031F |
6.3.3 Grenada Flex-fuel Vehicle Market Revenues & Volume, By Petrol, 2021- 2031F |
7 Grenada Flex-fuel Vehicle Market Import-Export Trade Statistics |
7.1 Grenada Flex-fuel Vehicle Market Export to Major Countries |
7.2 Grenada Flex-fuel Vehicle Market Imports from Major Countries |
8 Grenada Flex-fuel Vehicle Market Key Performance Indicators |
8.1 Number of new flex-fuel vehicle registrations in Grenada |
8.2 Expansion of flex-fuel infrastructure, such as the number of refueling stations offering E85 ethanol blend |
8.3 Percentage increase in government incentives and subsidies for flex-fuel vehicle purchases |
8.4 Average greenhouse gas emissions reduction per flex-fuel vehicle in comparison to traditional gasoline vehicles |
8.5 Growth in the number of workshops and training programs focused on educating consumers about flex-fuel vehicle technology |
9 Grenada Flex-fuel Vehicle Market - Opportunity Assessment |
9.1 Grenada Flex-fuel Vehicle Market Opportunity Assessment, By Ethanol Blend Type, 2021 & 2031F |
9.2 Grenada Flex-fuel Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Grenada Flex-fuel Vehicle Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Grenada Flex-fuel Vehicle Market - Competitive Landscape |
10.1 Grenada Flex-fuel Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Grenada Flex-fuel Vehicle 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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