| Product Code: ETC5191827 | 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 industrial pumps import market in 2024 continued to be dominated by key exporting countries including the USA, Trinidad and Tobago, Guyana, UAE, and China. The high concentration of the Herfindahl-Hirschman Index (HHI) witnessed in 2023 escalated further in 2024, indicating a very high level of market concentration. The compound annual growth rate (CAGR) for the period 2020-2024 remained negative at -14.86%, with a significant decline in the growth rate from 2023 to 2024 recorded at -40.12%. This data suggests a challenging landscape for industrial pumps importers in Grenada, possibly impacted by various market dynamics and external factors.
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 Industrial Pumps Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Industrial Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Industrial Pumps Market - Industry Life Cycle |
3.4 Grenada Industrial Pumps Market - Porter's Five Forces |
3.5 Grenada Industrial Pumps Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Industrial Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Industrial Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Industrial Pumps Market Trends |
6 Grenada Industrial Pumps Market Segmentations |
6.1 Grenada Industrial Pumps Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Industrial Pumps Market Revenues & Volume, By Centrifugal Pump, 2021-2031F |
6.1.3 Grenada Industrial Pumps Market Revenues & Volume, By Positive Displacement Pump, 2021-2031F |
6.1.4 Grenada Industrial Pumps Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Industrial Pumps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Industrial Pumps Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.3 Grenada Industrial Pumps Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.4 Grenada Industrial Pumps Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Grenada Industrial Pumps Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Grenada Industrial Pumps Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.2.7 Grenada Industrial Pumps Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Industrial Pumps Market Import-Export Trade Statistics |
7.1 Grenada Industrial Pumps Market Export to Major Countries |
7.2 Grenada Industrial Pumps Market Imports from Major Countries |
8 Grenada Industrial Pumps Market Key Performance Indicators |
9 Grenada Industrial Pumps Market - Opportunity Assessment |
9.1 Grenada Industrial Pumps Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Industrial Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Industrial Pumps Market - Competitive Landscape |
10.1 Grenada Industrial Pumps Market Revenue Share, By Companies, 2024 |
10.2 Grenada Industrial Pumps 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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