| Product Code: ETC4654241 | 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 rely heavily on carbon imports from the USA, Areas, nes, and Netherlands. The high concentration of shipments from these countries maintained a very high Herfindahl-Hirschman Index (HHI) in the market. However, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -20.88% from 2020 to 2024, and a steep decrease in growth rate of -34.65% from 2023 to 2024. These trends suggest a challenging landscape for carbon importers in Grenada, highlighting the need for strategic adaptation and market diversification strategies.
In the North America region, the Carbon market in Grenada is projected to expand at a stable growth rate of 1.88% by 2027. The largest economy is United States of America, 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 Carbon Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Carbon Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Carbon Market - Industry Life Cycle |
3.4 Grenada Carbon Market - Porter's Five Forces |
3.5 Grenada Carbon Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Grenada Carbon Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Carbon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Carbon Market Trends |
6 Grenada Carbon Market Segmentations |
6.1 Grenada Carbon Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Carbon Market Revenues & Volume, By Amorphous Carbon, 2021-2031F |
6.1.3 Grenada Carbon Market Revenues & Volume, By Graphite, 2021-2031F |
6.1.4 Grenada Carbon Market Revenues & Volume, By Diamond, 2021-2031F |
6.2 Grenada Carbon Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Carbon Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Grenada Carbon Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Grenada Carbon Market Revenues & Volume, By Engineering Industries, 2021-2031F |
6.2.5 Grenada Carbon Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.6 Grenada Carbon Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Carbon Market Import-Export Trade Statistics |
7.1 Grenada Carbon Market Export to Major Countries |
7.2 Grenada Carbon Market Imports from Major Countries |
8 Grenada Carbon Market Key Performance Indicators |
9 Grenada Carbon Market - Opportunity Assessment |
9.1 Grenada Carbon Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Grenada Carbon Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Carbon Market - Competitive Landscape |
10.1 Grenada Carbon Market Revenue Share, By Companies, 2024 |
10.2 Grenada Carbon 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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