| Product Code: ETC12712294 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Despite a decline in the CAGR and a significant drop in the growth rate from 2023 to 2024, Grenada`s aggregates import market continued to be dominated by a few key exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with top suppliers including Saint Lucia, Dominica, USA, Canada, and Suriname. Understanding the market dynamics and factors contributing to the negative growth rates will be crucial for stakeholders in the aggregates industry to navigate challenges and identify opportunities in the Grenada market.
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 Aggregates Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Aggregates Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Aggregates Market - Industry Life Cycle |
3.4 Grenada Aggregates Market - Porter's Five Forces |
3.5 Grenada Aggregates Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Aggregates Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Aggregates Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Aggregates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in Grenada |
4.2.2 Increasing demand for aggregates in the construction industry |
4.2.3 Government investments in public infrastructure projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental regulations and concerns related to quarrying activities |
4.3.3 Competition from alternative materials like recycled aggregates |
5 Grenada Aggregates Market Trends |
6 Grenada Aggregates Market, By Types |
6.1 Grenada Aggregates Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Aggregates Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Aggregates Market Revenues & Volume, By Crushed Stone, 2021 - 2031F |
6.1.4 Grenada Aggregates Market Revenues & Volume, By Sand, 2021 - 2031F |
6.1.5 Grenada Aggregates Market Revenues & Volume, By Gravel, 2021 - 2031F |
6.1.6 Grenada Aggregates Market Revenues & Volume, By Recycled Aggregates, 2021 - 2031F |
6.2 Grenada Aggregates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Aggregates Market Revenues & Volume, By Construction Materials, 2021 - 2031F |
6.2.3 Grenada Aggregates Market Revenues & Volume, By Road Construction, 2021 - 2031F |
6.2.4 Grenada Aggregates Market Revenues & Volume, By Concrete Production, 2021 - 2031F |
6.2.5 Grenada Aggregates Market Revenues & Volume, By Landscaping, 2021 - 2031F |
6.3 Grenada Aggregates Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Aggregates Market Revenues & Volume, By Construction Industry, 2021 - 2031F |
6.3.3 Grenada Aggregates Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.4 Grenada Aggregates Market Revenues & Volume, By Commercial, 2021 - 2031F |
7 Grenada Aggregates Market Import-Export Trade Statistics |
7.1 Grenada Aggregates Market Export to Major Countries |
7.2 Grenada Aggregates Market Imports from Major Countries |
8 Grenada Aggregates Market Key Performance Indicators |
8.1 Average selling price of aggregates in Grenada market |
8.2 Number of construction permits issued in Grenada |
8.3 Rate of urbanization in Grenada (percentage of population living in urban areas) |
8.4 Investment in infrastructure projects by the government in Grenada |
8.5 Total area under quarrying operations for aggregates in Grenada |
9 Grenada Aggregates Market - Opportunity Assessment |
9.1 Grenada Aggregates Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Aggregates Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Aggregates Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Aggregates Market - Competitive Landscape |
10.1 Grenada Aggregates Market Revenue Share, By Companies, 2024 |
10.2 Grenada Aggregates 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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