| Product Code: ETC4724294 | 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 |
Barbados continued to rely heavily on potassium iodide imports in 2024, with the USA, Trinidad and Tobago, and Canada emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the compound annual growth rate (CAGR) from 2020 to 2024 decreased significantly by -21.33%, with a further decline in the growth rate from 2023 to 2024 at -5.06%. These trends suggest a challenging landscape for the potassium iodide import market in Barbados, potentially impacted by various factors affecting demand and supply dynamics.

Barbados's Potassium iodide market is anticipated to experience a stable growth rate of 3.03% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Barbados Potassium iodide Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Potassium iodide Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Potassium iodide Market - Industry Life Cycle |
3.4 Barbados Potassium iodide Market - Porter's Five Forces |
3.5 Barbados Potassium iodide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Potassium iodide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Potassium iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Barbados Potassium iodide Market Trends |
6 Barbados Potassium iodide Market Segmentations |
6.1 Barbados Potassium iodide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Potassium iodide Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.3 Barbados Potassium iodide Market Revenues & Volume, By Non-industrial Grade, 2021-2031F |
6.2 Barbados Potassium iodide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Potassium iodide Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.2.3 Barbados Potassium iodide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Barbados Potassium iodide Market Revenues & Volume, By Nutrition, 2021-2031F |
6.2.5 Barbados Potassium iodide Market Revenues & Volume, By Film Photography, 2021-2031F |
6.2.6 Barbados Potassium iodide Market Revenues & Volume, By Others, 2021-2031F |
7 Barbados Potassium iodide Market Import-Export Trade Statistics |
7.1 Barbados Potassium iodide Market Export to Major Countries |
7.2 Barbados Potassium iodide Market Imports from Major Countries |
8 Barbados Potassium iodide Market Key Performance Indicators |
9 Barbados Potassium iodide Market - Opportunity Assessment |
9.1 Barbados Potassium iodide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Potassium iodide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Potassium iodide Market - Competitive Landscape |
10.1 Barbados Potassium iodide Market Revenue Share, By Companies, 2024 |
10.2 Barbados Potassium iodide 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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