| Product Code: ETC5686169 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Grenada`s import of ploughs in 2024 saw significant growth, with top exporting countries being China, USA, Trinidad and Tobago, Jamaica, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 was an impressive 62.28%, showcasing a rapidly expanding market. Moreover, the growth rate from 2023 to 2024 surged by 179.3%, highlighting a strong momentum in import shipments of ploughs to Grenada.
The Plough market in Grenada is projected to grow at a stable growth rate of 1.83% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Plough Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plough Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plough Market - Industry Life Cycle |
3.4 Grenada Plough Market - Porter's Five Forces |
3.5 Grenada Plough Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Plough Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Plough Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and sustainable agricultural practices in Grenada. |
4.2.2 Government initiatives promoting the adoption of modern ploughing techniques. |
4.2.3 Technological advancements in plough manufacturing leading to higher productivity and ease of use. |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with purchasing modern ploughing equipment. |
4.3.2 Limited awareness and education among farmers about the benefits of using advanced ploughing methods. |
4.3.3 Dependence on seasonal factors and weather conditions affecting the agriculture sector in Grenada. |
5 Grenada Plough Market Trends |
6 Grenada Plough Market Segmentations |
6.1 Grenada Plough Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plough Market Revenues & Volume, By Traditional Plough, 2021-2031F |
6.1.3 Grenada Plough Market Revenues & Volume, By Modern Plough, 2021-2031F |
6.1.4 Grenada Plough Market Revenues & Volume, By Specialist Plough, 2021-2031F |
6.2 Grenada Plough Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plough Market Revenues & Volume, By Farm, 2021-2031F |
6.2.3 Grenada Plough Market Revenues & Volume, By Individual Farming, 2021-2031F |
7 Grenada Plough Market Import-Export Trade Statistics |
7.1 Grenada Plough Market Export to Major Countries |
7.2 Grenada Plough Market Imports from Major Countries |
8 Grenada Plough Market Key Performance Indicators |
8.1 Adoption rate of modern ploughing techniques among farmers in Grenada. |
8.2 Average time saved per hectare using advanced ploughing equipment. |
8.3 Rate of increase in agricultural productivity attributed to the use of modern ploughs. |
8.4 Efficiency gains in fuel consumption and labor costs with the implementation of advanced ploughing methods. |
8.5 Percentage reduction in soil erosion and environmental impact through the adoption of modern ploughing practices. |
9 Grenada Plough Market - Opportunity Assessment |
9.1 Grenada Plough Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Plough Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Plough Market - Competitive Landscape |
10.1 Grenada Plough Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plough Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |