| Product Code: ETC7367090 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on key exporters such as Trinidad and Tobago, Switzerland, USA, Panama, and India for clove cigarette imports. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline in both compound annual growth rate (CAGR) and growth rate from 2023 to 2024. This suggests a challenging environment for clove cigarette import shipments in Grenada, reflecting shifting market dynamics and potential hurdles for industry players in the coming years.
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 Clove Cigarettes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Clove Cigarettes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Clove Cigarettes Market - Industry Life Cycle |
3.4 Grenada Clove Cigarettes Market - Porter's Five Forces |
3.5 Grenada Clove Cigarettes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Clove Cigarettes Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Clove Cigarettes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for unique and exotic tobacco flavors |
4.2.2 Growing demand for premium and luxury tobacco products |
4.2.3 Rising popularity of clove cigarettes among young adult smokers |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on tobacco advertising and promotion |
4.3.2 Health concerns and negative perceptions associated with smoking clove cigarettes |
5 Grenada Clove Cigarettes Market Trends |
6 Grenada Clove Cigarettes Market, By Types |
6.1 Grenada Clove Cigarettes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Clove Cigarettes Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Clove Cigarettes Market Revenues & Volume, By Hand Rolled Clove Cigarette, 2021- 2031F |
6.1.4 Grenada Clove Cigarettes Market Revenues & Volume, By Machine Rolled Full Flavored Clove Cigarette, 2021- 2031F |
6.1.5 Grenada Clove Cigarettes Market Revenues & Volume, By Machine Rolled Low Tar Nicotine, 2021- 2031F |
6.2 Grenada Clove Cigarettes Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Clove Cigarettes Market Revenues & Volume, By Male, 2021- 2031F |
6.2.3 Grenada Clove Cigarettes Market Revenues & Volume, By Female, 2021- 2031F |
7 Grenada Clove Cigarettes Market Import-Export Trade Statistics |
7.1 Grenada Clove Cigarettes Market Export to Major Countries |
7.2 Grenada Clove Cigarettes Market Imports from Major Countries |
8 Grenada Clove Cigarettes Market Key Performance Indicators |
8.1 Percentage of market share held by grenada clove cigarettes compared to other tobacco products |
8.2 Consumer satisfaction and brand loyalty metrics for grenada clove cigarettes |
8.3 Average selling price trends for grenada clove cigarettes |
8.4 Number of new product innovations and flavor variants introduced in the grenada clove cigarettes market |
8.5 Growth in online and offline distribution channels for grenada clove cigarettes |
9 Grenada Clove Cigarettes Market - Opportunity Assessment |
9.1 Grenada Clove Cigarettes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Clove Cigarettes Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Clove Cigarettes Market - Competitive Landscape |
10.1 Grenada Clove Cigarettes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Clove Cigarettes 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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