| Product Code: ETC5199275 | 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 mining shovels import market continued to see strong growth in 2024, with top exporting countries being USA, China, Trinidad and Tobago, UK, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 23.1% from 2020 to 2024 demonstrates a robust industry expansion. The growth rate of 24.4% from 2023 to 2024 suggests sustained momentum in import shipments, reflecting a positive outlook for the mining shovels sector 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 Mining Shovels Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mining Shovels Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mining Shovels Market - Industry Life Cycle |
3.4 Grenada Mining Shovels Market - Porter's Five Forces |
3.5 Grenada Mining Shovels Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
3.6 Grenada Mining Shovels Market Revenues & Volume Share, By Mineral Type, 2021 & 2031F |
4 Grenada Mining Shovels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Mining Shovels Market Trends |
6 Grenada Mining Shovels Market Segmentations |
6.1 Grenada Mining Shovels Market, By Payload Capacity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mining Shovels Market Revenues & Volume, By 20-30 Metric Tons, 2021-2031F |
6.1.3 Grenada Mining Shovels Market Revenues & Volume, By 30-40 Metric Tons, 2021-2031F |
6.1.4 Grenada Mining Shovels Market Revenues & Volume, By 40-50 Metric Tons, 2021-2031F |
6.1.5 Grenada Mining Shovels Market Revenues & Volume, By More than 50 Metric Tons, 2021-2031F |
6.2 Grenada Mining Shovels Market, By Mineral Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mining Shovels Market Revenues & Volume, By Coal, 2021-2031F |
6.2.3 Grenada Mining Shovels Market Revenues & Volume, By Iron Ore, 2021-2031F |
6.2.4 Grenada Mining Shovels Market Revenues & Volume, By Non-ferrous Metals, 2021-2031F |
6.2.5 Grenada Mining Shovels Market Revenues & Volume, By Industrial Minerals, 2021-2031F |
6.2.6 Grenada Mining Shovels Market Revenues & Volume, By Precious Metals, 2021-2031F |
6.2.7 Grenada Mining Shovels Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Mining Shovels Market Import-Export Trade Statistics |
7.1 Grenada Mining Shovels Market Export to Major Countries |
7.2 Grenada Mining Shovels Market Imports from Major Countries |
8 Grenada Mining Shovels Market Key Performance Indicators |
9 Grenada Mining Shovels Market - Opportunity Assessment |
9.1 Grenada Mining Shovels Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
9.2 Grenada Mining Shovels Market Opportunity Assessment, By Mineral Type, 2021 & 2031F |
10 Grenada Mining Shovels Market - Competitive Landscape |
10.1 Grenada Mining Shovels Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mining Shovels 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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