| Product Code: ETC5372707 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s fabricated metal products import market in 2024 continued to be dominated by key exporters such as the USA, Trinidad and Tobago, China, UK, and Saint Lucia. Despite a relatively low CAGR of 0.66% from 2020 to 2024, the market experienced a notable growth spurt in 2024 with a growth rate of 12.34% compared to the previous year. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries hold significant market share in Grenada`s fabricated metal products sector.
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 Fabricated Metal Products Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fabricated Metal Products Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fabricated Metal Products Market - Industry Life Cycle |
3.4 Grenada Fabricated Metal Products Market - Porter's Five Forces |
3.5 Grenada Fabricated Metal Products Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Fabricated Metal Products Market Revenues & Volume Share, By End-users Industry, 2021 & 2031F |
3.7 Grenada Fabricated Metal Products Market Revenues & Volume Share, By Channel, 2021 & 2031F |
4 Grenada Fabricated Metal Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized metal products in various industries |
4.2.2 Technological advancements leading to improved fabrication processes and efficiency |
4.2.3 Growing construction and infrastructure development projects in Grenada |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from imported fabricated metal products |
4.3.3 Economic instability affecting investments in the manufacturing sector |
5 Grenada Fabricated Metal Products Market Trends |
6 Grenada Fabricated Metal Products Market Segmentations |
6.1 Grenada Fabricated Metal Products Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fabricated Metal Products Market Revenues & Volume, By Structural metal products, 2021-2031F |
6.1.3 Grenada Fabricated Metal Products Market Revenues & Volume, By Treated, coated, and machined metals, 2021-2031F |
6.1.4 Grenada Fabricated Metal Products Market Revenues & Volume, By Cutlery, tools, and general hardware, 2021-2031F |
6.1.5 Grenada Fabricated Metal Products Market Revenues & Volume, By Forged, pressed, stamped, and roll-formed metals, 2021-2031F |
6.1.6 Grenada Fabricated Metal Products Market Revenues & Volume, By Other, 2021-2031F |
6.2 Grenada Fabricated Metal Products Market, By End-users Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fabricated Metal Products Market Revenues & Volume, By Automobile industry, 2021-2031F |
6.2.3 Grenada Fabricated Metal Products Market Revenues & Volume, By Machinery Industry, 2021-2031F |
6.2.4 Grenada Fabricated Metal Products Market Revenues & Volume, By Household Items, 2021-2031F |
6.2.5 Grenada Fabricated Metal Products Market Revenues & Volume, By Electronics industry, 2021-2031F |
6.2.6 Grenada Fabricated Metal Products Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Fabricated Metal Products Market, By Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Fabricated Metal Products Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.3.3 Grenada Fabricated Metal Products Market Revenues & Volume, By Distributors, 2021-2031F |
7 Grenada Fabricated Metal Products Market Import-Export Trade Statistics |
7.1 Grenada Fabricated Metal Products Market Export to Major Countries |
7.2 Grenada Fabricated Metal Products Market Imports from Major Countries |
8 Grenada Fabricated Metal Products Market Key Performance Indicators |
8.1 Percentage increase in the adoption of advanced fabrication technologies |
8.2 Average lead time for delivering fabricated metal products |
8.3 Rate of new product development and introduction in the market |
9 Grenada Fabricated Metal Products Market - Opportunity Assessment |
9.1 Grenada Fabricated Metal Products Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Fabricated Metal Products Market Opportunity Assessment, By End-users Industry, 2021 & 2031F |
9.3 Grenada Fabricated Metal Products Market Opportunity Assessment, By Channel, 2021 & 2031F |
10 Grenada Fabricated Metal Products Market - Competitive Landscape |
10.1 Grenada Fabricated Metal Products Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fabricated Metal Products 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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