| Product Code: ETC12059302 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely heavily on bulk helium imports, with the top exporting countries being the USA, Trinidad and Tobago, and other unspecified areas. The market remains highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. Despite a respectable compound annual growth rate (CAGR) of 5.85% from 2020 to 2024, the industry experienced a significant decline in growth rate of -35.18% from 2023 to 2024. This suggests potential challenges or shifts in the market dynamics that importers and industry players should monitor closely.
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 Bulk Helium Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bulk Helium Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bulk Helium Market - Industry Life Cycle |
3.4 Grenada Bulk Helium Market - Porter's Five Forces |
3.5 Grenada Bulk Helium Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.6 Grenada Bulk Helium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Bulk Helium Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Bulk Helium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for helium in various industries such as healthcare, electronics, and aerospace |
4.2.2 Growth in the use of helium for cooling applications in nuclear reactors and MRI machines |
4.2.3 Rising investments in research and development activities related to helium applications |
4.3 Market Restraints |
4.3.1 Limited helium reserves and the challenge of helium extraction |
4.3.2 Fluctuating helium prices due to supply-demand imbalances |
4.3.3 Strict regulations on helium extraction and distribution |
5 Grenada Bulk Helium Market Trends |
6 Grenada Bulk Helium Market, By Types |
6.1 Grenada Bulk Helium Market, By Grade Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bulk Helium Market Revenues & Volume, By Grade Type, 2021 - 2031F |
6.1.3 Grenada Bulk Helium Market Revenues & Volume, By Liquid Helium, 2021 - 2031F |
6.1.4 Grenada Bulk Helium Market Revenues & Volume, By Gaseous Helium, 2021 - 2031F |
6.1.5 Grenada Bulk Helium Market Revenues & Volume, By Ultra-High Purity Helium, 2021 - 2031F |
6.1.6 Grenada Bulk Helium Market Revenues & Volume, By Welding-Grade Helium, 2021 - 2031F |
6.1.7 Grenada Bulk Helium Market Revenues & Volume, By Balloon-Grade Helium, 2021 - 2031F |
6.2 Grenada Bulk Helium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bulk Helium Market Revenues & Volume, By Cryogenics, 2021 - 2031F |
6.2.3 Grenada Bulk Helium Market Revenues & Volume, By Leak Detection, 2021 - 2031F |
6.2.4 Grenada Bulk Helium Market Revenues & Volume, By Semiconductor Manufacturing, 2021 - 2031F |
6.2.5 Grenada Bulk Helium Market Revenues & Volume, By Metal Fabrication, 2021 - 2031F |
6.2.6 Grenada Bulk Helium Market Revenues & Volume, By Party & Event Decorations, 2021 - 2031F |
6.3 Grenada Bulk Helium Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bulk Helium Market Revenues & Volume, By Healthcare & MRI Systems, 2021 - 2031F |
6.3.3 Grenada Bulk Helium Market Revenues & Volume, By Industrial Applications, 2021 - 2031F |
6.3.4 Grenada Bulk Helium Market Revenues & Volume, By Electronics Industry, 2021 - 2031F |
6.3.5 Grenada Bulk Helium Market Revenues & Volume, By Construction & Manufacturing, 2021 - 2031F |
6.3.6 Grenada Bulk Helium Market Revenues & Volume, By Retail & Entertainment, 2021 - 2031F |
7 Grenada Bulk Helium Market Import-Export Trade Statistics |
7.1 Grenada Bulk Helium Market Export to Major Countries |
7.2 Grenada Bulk Helium Market Imports from Major Countries |
8 Grenada Bulk Helium Market Key Performance Indicators |
8.1 Average selling price of bulk helium in the Grenada market |
8.2 Number of new applications utilizing helium in industries |
8.3 Investment in helium infrastructure development in Grenada |
9 Grenada Bulk Helium Market - Opportunity Assessment |
9.1 Grenada Bulk Helium Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.2 Grenada Bulk Helium Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Bulk Helium Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Bulk Helium Market - Competitive Landscape |
10.1 Grenada Bulk Helium Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bulk Helium 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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