| Product Code: ETC5091678 | 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 |
The import shipments of aluminum sheets to Grenada in 2024 continued to showcase a high level of concentration, with top exporting countries including Trinidad and Tobago, Barbados, USA, Panama, and China. The Herfindahl-Hirschman Index (HHI) indicated a significant increase in concentration from 2023 to 2024. Despite a notable negative compound annual growth rate (CAGR) of -33.39% from 2020 to 2024, there was a slight improvement in the growth rate from 2023 to 2024, which stood at -26.76%. This data suggests a dynamic and evolving landscape in the aluminum sheet import market for 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 Aluminum Sheet Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Aluminum Sheet Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Aluminum Sheet Market - Industry Life Cycle |
3.4 Grenada Aluminum Sheet Market - Porter's Five Forces |
3.5 Grenada Aluminum Sheet Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.6 Grenada Aluminum Sheet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Aluminum Sheet Market Revenues & Volume Share, By Process, 2021 & 2031F |
4 Grenada Aluminum Sheet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries such as automotive, construction, and aerospace. |
4.2.2 Growing emphasis on sustainability and recyclability driving the adoption of aluminum sheets. |
4.2.3 Technological advancements in aluminum manufacturing processes leading to cost efficiency and higher quality products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like bauxite impacting the production cost of aluminum sheets. |
4.3.2 Competition from alternative materials such as steel and composites affecting market penetration. |
4.3.3 Regulatory challenges related to environmental standards and trade policies influencing market dynamics. |
5 Grenada Aluminum Sheet Market Trends |
6 Grenada Aluminum Sheet Market Segmentations |
6.1 Grenada Aluminum Sheet Market, By End Use |
6.1.1 Overview and Analysis |
6.1.2 Grenada Aluminum Sheet Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.3 Grenada Aluminum Sheet Market Revenues & Volume, By Building And Construction, 2021-2031F |
6.1.4 Grenada Aluminum Sheet Market Revenues & Volume, By Aerospace And Defense, 2021-2031F |
6.1.5 Grenada Aluminum Sheet Market Revenues & Volume, By Packaging, 2021-2031F |
6.1.6 Grenada Aluminum Sheet Market Revenues & Volume, By Medical, 2021-2031F |
6.1.7 Grenada Aluminum Sheet Market Revenues & Volume, By Consumer Products, 2021-2031F |
6.2 Grenada Aluminum Sheet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Aluminum Sheet Market Revenues & Volume, By Flat Rolled Products, 2021-2031F |
6.2.3 Grenada Aluminum Sheet Market Revenues & Volume, By Casting And Forging, 2021-2031F |
6.2.4 Grenada Aluminum Sheet Market Revenues & Volume, By Foil, 2021-2031F |
6.2.5 Grenada Aluminum Sheet Market Revenues & Volume, By Extrusion, 2021-2031F |
6.2.6 Grenada Aluminum Sheet Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Aluminum Sheet Market, By Process |
6.3.1 Overview and Analysis |
6.3.2 Grenada Aluminum Sheet Market Revenues & Volume, By Cold Rolling, 2021-2031F |
6.3.3 Grenada Aluminum Sheet Market Revenues & Volume, By Hot Rolling, 2021-2031F |
7 Grenada Aluminum Sheet Market Import-Export Trade Statistics |
7.1 Grenada Aluminum Sheet Market Export to Major Countries |
7.2 Grenada Aluminum Sheet Market Imports from Major Countries |
8 Grenada Aluminum Sheet Market Key Performance Indicators |
8.1 Average selling price of aluminum sheets in Grenada. |
8.2 Adoption rate of aluminum sheets in key industries. |
8.3 Number of new product developments or innovations in the Grenada aluminum sheet market. |
9 Grenada Aluminum Sheet Market - Opportunity Assessment |
9.1 Grenada Aluminum Sheet Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.2 Grenada Aluminum Sheet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Aluminum Sheet Market Opportunity Assessment, By Process, 2021 & 2031F |
10 Grenada Aluminum Sheet Market - Competitive Landscape |
10.1 Grenada Aluminum Sheet Market Revenue Share, By Companies, 2024 |
10.2 Grenada Aluminum Sheet 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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