| Product Code: ETC7367625 | 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`s construction products import shipments were primarily sourced from the USA, China, Thailand, Italy, and the UK. The market saw a shift from high concentration in 2023 to moderate concentration in 2024, indicating a more diversified import landscape. Despite a negative compound annual growth rate (CAGR) of -2.56% from 2020 to 2024, the sector experienced a significant decline in growth rate from 2023 to 2024 at -45.4%. This highlights a challenging year for the construction products market in Grenada, potentially influenced by external factors impacting trade and economic conditions.
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 Products Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Construction Products Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Construction Products Market - Industry Life Cycle |
3.4 Grenada Construction Products Market - Porter's Five Forces |
3.5 Grenada Construction Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Construction Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Construction Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in infrastructure development projects in Grenada |
4.2.2 Increase in demand for sustainable and energy-efficient construction products |
4.2.3 Government initiatives and investments in the construction sector |
4.3 Market Restraints |
4.3.1 Limited availability of skilled labor in the construction industry |
4.3.2 Fluctuating raw material prices |
4.3.3 Regulatory challenges and compliance requirements |
5 Grenada Construction Products Market Trends |
6 Grenada Construction Products Market, By Types |
6.1 Grenada Construction Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Construction Products Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Construction Products Market Revenues & Volume, By Construction Aggregates, 2021- 2031F |
6.1.4 Grenada Construction Products Market Revenues & Volume, By Concrete Bricks, 2021- 2031F |
6.1.5 Grenada Construction Products Market Revenues & Volume, By Cement, 2021- 2031F |
6.1.6 Grenada Construction Products Market Revenues & Volume, By Construction Metals, 2021- 2031F |
6.1.7 Grenada Construction Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Construction Products Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Construction Products Market Revenues & Volume, By Residential Sector, 2021- 2031F |
6.2.3 Grenada Construction Products Market Revenues & Volume, By Commercial Sector, 2021- 2031F |
6.2.4 Grenada Construction Products Market Revenues & Volume, By Industrial Sector, 2021- 2031F |
7 Grenada Construction Products Market Import-Export Trade Statistics |
7.1 Grenada Construction Products Market Export to Major Countries |
7.2 Grenada Construction Products Market Imports from Major Countries |
8 Grenada Construction Products Market Key Performance Indicators |
8.1 Percentage of construction projects using eco-friendly products |
8.2 Number of new construction permits issued in Grenada |
8.3 Investment in construction technology and innovation |
8.4 Adoption rate of energy-efficient construction practices |
8.5 Percentage of construction projects meeting sustainability standards |
9 Grenada Construction Products Market - Opportunity Assessment |
9.1 Grenada Construction Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Construction Products Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Construction Products Market - Competitive Landscape |
10.1 Grenada Construction Products Market Revenue Share, By Companies, 2024 |
10.2 Grenada Construction Products 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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