| Product Code: ETC5074920 | 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 high concentration of cement import shipments in Grenada in 2024, the top exporting countries diversified, with Trinidad and Tobago, Dominican Republic, USA, Costa Rica, and Canada leading the way. However, the industry experienced a significant decline with a negative CAGR of -6.51% from 2020 to 2024. The growth rate plummeted by -51.67% from 2023 to 2024, indicating challenges in the market. Monitoring these trends closely will be crucial for stakeholders in the cement import sector in Grenada.
In the North America region, the Cement market in Grenada is projected to expand at a stable growth rate of 0.25% 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 Cement Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cement Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cement Market - Industry Life Cycle |
3.4 Grenada Cement Market - Porter's Five Forces |
3.5 Grenada Cement Market Revenues & Volume Share, By Product? , 2021 & 2031F |
3.6 Grenada Cement Market Revenues & Volume Share, By Application? , 2021 & 2031F |
4 Grenada Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in Grenada |
4.2.2 Growing population leading to higher demand for residential and commercial properties |
4.2.3 Government initiatives and investments in construction sector to boost economic growth |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Competition from imported cement products affecting local market share |
4.3.3 Environmental regulations and sustainability concerns in cement production |
5 Grenada Cement Market Trends |
6 Grenada Cement Market Segmentations |
6.1 Grenada Cement Market, By Product? |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cement Market Revenues & Volume, By Portland, 2021-2031F |
6.1.3 Grenada Cement Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Cement Market, By Application? |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cement Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Cement Market Revenues & Volume, By Non-residential/Infrastructure, 2021-2031F |
7 Grenada Cement Market Import-Export Trade Statistics |
7.1 Grenada Cement Market Export to Major Countries |
7.2 Grenada Cement Market Imports from Major Countries |
8 Grenada Cement Market Key Performance Indicators |
8.1 Energy efficiency improvements in cement manufacturing process |
8.2 Adoption rate of sustainable practices in cement production |
8.3 Infrastructure investment trends in Grenada |
9 Grenada Cement Market - Opportunity Assessment |
9.1 Grenada Cement Market Opportunity Assessment, By Product? , 2021 & 2031F |
9.2 Grenada Cement Market Opportunity Assessment, By Application? , 2021 & 2031F |
10 Grenada Cement Market - Competitive Landscape |
10.1 Grenada Cement Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cement 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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