| Product Code: ETC4673127 | 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 |
In 2024, Grenada continued to heavily rely on ammunition imports from the USA, Guyana, Areas, nes, Barbados, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with limited competition. Despite a negative compound annual growth rate (CAGR) of -8.26% from 2020 to 2024, the significant decline in growth rate from 2023 to 2024 at -41.87% raises concerns about the future of ammunition imports in Grenada. This data suggests a need for strategic planning and diversification of import sources to ensure stability and security in the ammunition supply chain.
By 2027, Grenada's Ammunition market is forecasted to achieve a stable growth rate of 3.48%, with United States of America leading the North America region, 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 Grenada Ammunition Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ammunition Market - Industry Life Cycle |
3.4 Grenada Ammunition Market - Porter's Five Forces |
3.5 Grenada Ammunition Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.6 Grenada Ammunition Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Ammunition Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ammunition Market Trends |
6 Grenada Ammunition Market Segmentations |
6.1 Grenada Ammunition Market, By Caliber |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ammunition Market Revenues & Volume, By Small Caliber, 2021-2031F |
6.1.3 Grenada Ammunition Market Revenues & Volume, By Medium Caliber, 2021-2031F |
6.1.4 Grenada Ammunition Market Revenues & Volume, By Large Caliber, 2021-2031F |
6.2 Grenada Ammunition Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ammunition Market Revenues & Volume, By Rimfire, 2021-2031F |
6.2.3 Grenada Ammunition Market Revenues & Volume, By Centerfire, 2021-2031F |
6.3 Grenada Ammunition Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ammunition Market Revenues & Volume, By Civil & Commercial, 2021-2031F |
6.3.3 Grenada Ammunition Market Revenues & Volume, By Defense, 2021-2031F |
7 Grenada Ammunition Market Import-Export Trade Statistics |
7.1 Grenada Ammunition Market Export to Major Countries |
7.2 Grenada Ammunition Market Imports from Major Countries |
8 Grenada Ammunition Market Key Performance Indicators |
9 Grenada Ammunition Market - Opportunity Assessment |
9.1 Grenada Ammunition Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.2 Grenada Ammunition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Ammunition Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Ammunition Market - Competitive Landscape |
10.1 Grenada Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ammunition 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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