| Product Code: ETC4776069 | 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 |
Despite a significant drop in growth rate from 2023 to 2024, Grenada`s battery import market continued to show strong overall growth with a notable CAGR of 12.72% from 2020 to 2024. The top exporting countries to Grenada in 2024 were China, USA, UK, Saint Lucia, and Germany, indicating a diverse source of supply. However, the high Herfindahl-Hirschman Index (HHI) suggests a concentrated market structure, which may have implications for competition and pricing dynamics in the industry.
By 2027, Grenada's Battery market is forecasted to achieve a stable growth rate of 2.80%, 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 Battery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Battery Market - Industry Life Cycle |
3.4 Grenada Battery Market - Porter's Five Forces |
3.5 Grenada Battery Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Battery Market Trends |
6 Grenada Battery Market Segmentations |
6.1 Grenada Battery Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Battery Market Revenues & Volume, By Lead Acid, 2021-2031F |
6.1.3 Grenada Battery Market Revenues & Volume, By Lithium Ion, 2021-2031F |
6.1.4 Grenada Battery Market Revenues & Volume, By Nickel Metal Hydride, 2021-2031F |
6.1.5 Grenada Battery Market Revenues & Volume, By Nickel Cadmium, 2021-2031F |
6.1.6 Grenada Battery Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Battery Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Battery Market Revenues & Volume, By Automotive Batteries, 2021-2031F |
6.2.3 Grenada Battery Market Revenues & Volume, By Industrial Batteries, 2021-2031F | 6.2.4 Grenada Battery Market Revenues & Volume, By Portable Batteries, 2021-2031F |
7 Grenada Battery Market Import-Export Trade Statistics |
7.1 Grenada Battery Market Export to Major Countries |
7.2 Grenada Battery Market Imports from Major Countries |
8 Grenada Battery Market Key Performance Indicators |
9 Grenada Battery Market - Opportunity Assessment |
9.1 Grenada Battery Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Battery Market - Competitive Landscape |
10.1 Grenada Battery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Battery 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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