| Product Code: ETC5083033 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s hoists import shipments in 2024 show a significant increase in concentration, with the top exporting countries being the USA, Trinidad and Tobago, Panama, China, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a more concentrated market compared to the previous year. The impressive compound annual growth rate (CAGR) of 15.39% from 2020 to 2024 highlights the growing demand for hoists in Grenada. The rapid growth rate of 147.53% from 2023 to 2024 signals a surge in import activity, reflecting a potentially lucrative market for hoist manufacturers and suppliers.
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 Hoists Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Hoists Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Hoists Market - Industry Life Cycle |
3.4 Grenada Hoists Market - Porter's Five Forces |
3.5 Grenada Hoists Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Hoists Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Grenada Hoists Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Hoists Market Trends |
6 Grenada Hoists Market Segmentations |
6.1 Grenada Hoists Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Hoists Market Revenues & Volume, By Manual Hoists, 2021-2031F |
6.1.3 Grenada Hoists Market Revenues & Volume, By Electric Hoists, 2021-2031F |
6.1.4 Grenada Hoists Market Revenues & Volume, By Air Hoists, 2021-2031F |
6.1.5 Grenada Hoists Market Revenues & Volume, By Hydraulic Hoists, 2021-2031F |
6.2 Grenada Hoists Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Grenada Hoists Market Revenues & Volume, By Marinas and Shipyards, 2021-2031F |
6.2.3 Grenada Hoists Market Revenues & Volume, By Construction Sites, 2021-2031F |
6.2.4 Grenada Hoists Market Revenues & Volume, By Factories, 2021-2031F |
7 Grenada Hoists Market Import-Export Trade Statistics |
7.1 Grenada Hoists Market Export to Major Countries |
7.2 Grenada Hoists Market Imports from Major Countries |
8 Grenada Hoists Market Key Performance Indicators |
9 Grenada Hoists Market - Opportunity Assessment |
9.1 Grenada Hoists Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Hoists Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Grenada Hoists Market - Competitive Landscape |
10.1 Grenada Hoists Market Revenue Share, By Companies, 2024 |
10.2 Grenada Hoists 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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