| Product Code: ETC7365040 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a high concentration of balsa core materials imports, with significant shipments coming from Trinidad and Tobago, Panama, Areas, nes, Lebanon, and China. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 52.08%, demonstrating strong demand for balsa core materials in Grenada. Additionally, the growth rate from 2023 to 2024 surged by 26.76%, pointing towards a flourishing market for these imports in the country.
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 Balsa Core Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Balsa Core Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Balsa Core Materials Market - Industry Life Cycle |
3.4 Grenada Balsa Core Materials Market - Porter's Five Forces |
3.5 Grenada Balsa Core Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Balsa Core Materials Market Revenues & Volume Share, By Processing, 2021 & 2031F |
3.7 Grenada Balsa Core Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Balsa Core Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Balsa Core Materials Market Trends |
6 Grenada Balsa Core Materials Market, By Types |
6.1 Grenada Balsa Core Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Balsa Core Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Balsa Core Materials Market Revenues & Volume, By Contoured End-grain, 2021- 2031F |
6.1.4 Grenada Balsa Core Materials Market Revenues & Volume, By Rigid End-grain, 2021- 2031F |
6.2 Grenada Balsa Core Materials Market, By Processing |
6.2.1 Overview and Analysis |
6.2.2 Grenada Balsa Core Materials Market Revenues & Volume, By Adhesive Bonding, 2021- 2031F |
6.2.3 Grenada Balsa Core Materials Market Revenues & Volume, By Compression Molding, 2021- 2031F |
6.2.4 Grenada Balsa Core Materials Market Revenues & Volume, By Prepreg Processing, 2021- 2031F |
6.2.5 Grenada Balsa Core Materials Market Revenues & Volume, By Resin Injection, 2021- 2031F |
6.2.6 Grenada Balsa Core Materials Market Revenues & Volume, By Vacuum Infusion, 2021- 2031F |
6.2.7 Grenada Balsa Core Materials Market Revenues & Volume, By Hand Lamination, 2021- 2031F |
6.3 Grenada Balsa Core Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Balsa Core Materials Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3.3 Grenada Balsa Core Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Grenada Balsa Core Materials Market Revenues & Volume, By Buses, 2021- 2031F |
6.3.5 Grenada Balsa Core Materials Market Revenues & Volume, By Railways, 2021- 2031F |
6.3.6 Grenada Balsa Core Materials Market Revenues & Volume, By Aircraft, 2021- 2031F |
6.3.7 Grenada Balsa Core Materials Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3.8 Grenada Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Grenada Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Balsa Core Materials Market Import-Export Trade Statistics |
7.1 Grenada Balsa Core Materials Market Export to Major Countries |
7.2 Grenada Balsa Core Materials Market Imports from Major Countries |
8 Grenada Balsa Core Materials Market Key Performance Indicators |
9 Grenada Balsa Core Materials Market - Opportunity Assessment |
9.1 Grenada Balsa Core Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Balsa Core Materials Market Opportunity Assessment, By Processing, 2021 & 2031F |
9.3 Grenada Balsa Core Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Balsa Core Materials Market - Competitive Landscape |
10.1 Grenada Balsa Core Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Balsa Core Materials 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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