| Product Code: ETC5197546 | 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 metalworking machinery import shipments in 2024 saw major contributions from top exporters like the USA, Lebanon, China, Netherlands, and Trinidad and Tobago. Despite a significant decrease in the Compound Annual Growth Rate (CAGR) from 2020-24 at -27.43%, the industry experienced a sharp decline in growth rate from 2023-24 at -77.16%. The high concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI), suggest a tight market control among key players. This data indicates a challenging market landscape for metalworking machinery imports in Grenada in 2024.
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 Metal Working Machinery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Metal Working Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Metal Working Machinery Market - Industry Life Cycle |
3.4 Grenada Metal Working Machinery Market - Porter's Five Forces |
3.5 Grenada Metal Working Machinery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Metal Working Machinery Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Grenada Metal Working Machinery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Metal Working Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Metal Working Machinery Market Trends |
6 Grenada Metal Working Machinery Market Segmentations |
6.1 Grenada Metal Working Machinery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Metal Working Machinery Market Revenues & Volume, By Special Die and Tool, 2021-2031F |
6.1.3 Grenada Metal Working Machinery Market Revenues & Volume, By Die Set, 2021-2031F |
6.1.4 Grenada Metal Working Machinery Market Revenues & Volume, By Jig and Fixture, 2021-2031F |
6.1.5 Grenada Metal Working Machinery Market Revenues & Volume, By Machine Tool, 2021-2031F |
6.1.6 Grenada Metal Working Machinery Market Revenues & Volume, By Industrial Mold, 2021-2031F |
6.1.7 Grenada Metal Working Machinery Market Revenues & Volume, By Rolling Mill, 2021-2031F |
6.2 Grenada Metal Working Machinery Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Metal Working Machinery Market Revenues & Volume, By Small, 2021-2031F |
6.2.3 Grenada Metal Working Machinery Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Grenada Metal Working Machinery Market Revenues & Volume, By Large, 2021-2031F |
6.3 Grenada Metal Working Machinery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Metal Working Machinery Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Grenada Metal Working Machinery Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.4 Grenada Metal Working Machinery Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Metal Working Machinery Market Import-Export Trade Statistics |
7.1 Grenada Metal Working Machinery Market Export to Major Countries |
7.2 Grenada Metal Working Machinery Market Imports from Major Countries |
8 Grenada Metal Working Machinery Market Key Performance Indicators |
9 Grenada Metal Working Machinery Market - Opportunity Assessment |
9.1 Grenada Metal Working Machinery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Metal Working Machinery Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Grenada Metal Working Machinery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Metal Working Machinery Market - Competitive Landscape |
10.1 Grenada Metal Working Machinery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Metal Working Machinery 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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