| Product Code: ETC4939260 | 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`s construction materials import market saw a shift in concentration levels from high to moderate, indicating increased competition among top exporting countries. The top exporters to Grenada were the USA, China, UK, India, and Thailand, suggesting a diversified import source base. Despite a negative compound annual growth rate of -0.54% from 2020 to 2024, the market experienced a significant decline in growth rate by -41.34% from 2023 to 2024. This data highlights the challenges and fluctuations in Grenada`s construction materials import market, emphasizing the need for strategic planning and adaptation by industry stakeholders.
The Construction Materials market in Grenada is projected to grow at a negative growth rate of -1.45% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Construction Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Construction Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Construction Materials Market - Industry Life Cycle |
3.4 Grenada Construction Materials Market - Porter's Five Forces |
3.5 Grenada Construction Materials Market Revenues & Volume Share, By Product type? , 2021 & 2031F |
3.6 Grenada Construction Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Construction Materials Market Trends |
6 Grenada Construction Materials Market Segmentations |
6.1 Grenada Construction Materials Market, By Product type? |
6.1.1 Overview and Analysis |
6.1.2 Grenada Construction Materials Market Revenues & Volume, By Construction aggregates, 2021-2031F |
6.1.3 Grenada Construction Materials Market Revenues & Volume, By Concrete bricks, 2021-2031F |
6.1.4 Grenada Construction Materials Market Revenues & Volume, By Cement, 2021-2031F |
6.1.5 Grenada Construction Materials Market Revenues & Volume, By Construction metals, 2021-2031F |
6.2 Grenada Construction Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Construction Materials Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Construction Materials Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Construction Materials Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Construction Materials Market Import-Export Trade Statistics |
7.1 Grenada Construction Materials Market Export to Major Countries |
7.2 Grenada Construction Materials Market Imports from Major Countries |
8 Grenada Construction Materials Market Key Performance Indicators |
9 Grenada Construction Materials Market - Opportunity Assessment |
9.1 Grenada Construction Materials Market Opportunity Assessment, By Product type? , 2021 & 2031F |
9.2 Grenada Construction Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Construction Materials Market - Competitive Landscape |
10.1 Grenada Construction Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Construction Materials 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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