| Product Code: ETC12023590 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely heavily on imports of duplex stainless steel pipes, with the top exporting countries being the USA, Germany, UK, Trinidad and Tobago, and China. The market remained highly concentrated, with a very high Herfindahl-Hirschman Index (HHI). Despite a negative compound annual growth rate (CAGR) of -1.37% from 2020 to 2024, the growth rate in 2024 saw a significant decline of -12.27% compared to the previous year. This indicates a challenging market environment for duplex stainless steel pipe imports in Grenada.
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 Duplex Stainless Steel Pipe Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Duplex Stainless Steel Pipe Market - Industry Life Cycle |
3.4 Grenada Duplex Stainless Steel Pipe Market - Porter's Five Forces |
3.5 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Duplex Stainless Steel Pipe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Duplex Stainless Steel Pipe Market Trends |
6 Grenada Duplex Stainless Steel Pipe Market, By Types |
6.1 Grenada Duplex Stainless Steel Pipe Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Lean Duplex, 2021 - 2031F |
6.1.4 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Standard Duplex, 2021 - 2031F |
6.1.5 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Super Duplex, 2021 - 2031F |
6.1.6 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Hyper Duplex, 2021 - 2031F |
6.2 Grenada Duplex Stainless Steel Pipe Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.2.3 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Chemical Processing, 2021 - 2031F |
6.2.4 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Marine Industry, 2021 - 2031F |
6.2.5 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3 Grenada Duplex Stainless Steel Pipe Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Energy Sector, 2021 - 2031F |
6.3.3 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Petrochemicals, 2021 - 2031F |
6.3.4 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.3.5 Grenada Duplex Stainless Steel Pipe Market Revenues & Volume, By Aerospace Industry, 2021 - 2031F |
7 Grenada Duplex Stainless Steel Pipe Market Import-Export Trade Statistics |
7.1 Grenada Duplex Stainless Steel Pipe Market Export to Major Countries |
7.2 Grenada Duplex Stainless Steel Pipe Market Imports from Major Countries |
8 Grenada Duplex Stainless Steel Pipe Market Key Performance Indicators |
9 Grenada Duplex Stainless Steel Pipe Market - Opportunity Assessment |
9.1 Grenada Duplex Stainless Steel Pipe Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Duplex Stainless Steel Pipe Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Duplex Stainless Steel Pipe Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Duplex Stainless Steel Pipe Market - Competitive Landscape |
10.1 Grenada Duplex Stainless Steel Pipe Market Revenue Share, By Companies, 2024 |
10.2 Grenada Duplex Stainless Steel Pipe 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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