| Product Code: ETC5390529 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada saw a significant increase in galvanized iron wire imports, with top exporting countries being Trinidad and Tobago, China, USA, Areas, nes, and Puerto Rico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 13.24% from 2020 to 2024 demonstrates a thriving industry. The exceptional growth rate of 51.68% from 2023 to 2024 suggests a promising outlook for the import market of galvanized iron wire 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 Galvanized Iron Wire Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Galvanized Iron Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Galvanized Iron Wire Market - Industry Life Cycle |
3.4 Grenada Galvanized Iron Wire Market - Porter's Five Forces |
3.5 Grenada Galvanized Iron Wire Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Galvanized Iron Wire Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Galvanized Iron Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in Grenada |
4.2.2 Increasing demand for durable and corrosion-resistant materials in various industries |
4.2.3 Government initiatives promoting local manufacturing and production of iron wire |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as steel impacting production costs |
4.3.2 Competition from alternative materials like PVC-coated wires |
4.3.3 Economic downturn affecting overall demand for construction materials |
5 Grenada Galvanized Iron Wire Market Trends |
6 Grenada Galvanized Iron Wire Market Segmentations |
6.1 Grenada Galvanized Iron Wire Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Galvanized Iron Wire Market Revenues & Volume, By Hot Galvanized Iron Wire, 2021-2031F |
6.1.3 Grenada Galvanized Iron Wire Market Revenues & Volume, By Cold Galvanized Iron Wire, 2021-2031F |
6.2 Grenada Galvanized Iron Wire Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Galvanized Iron Wire Market Revenues & Volume, By Building, 2021-2031F |
6.2.3 Grenada Galvanized Iron Wire Market Revenues & Volume, By Handicrafts, 2021-2031F |
6.2.4 Grenada Galvanized Iron Wire Market Revenues & Volume, By Weaving Screen, 2021-2031F |
6.2.5 Grenada Galvanized Iron Wire Market Revenues & Volume, By Wipe Wall Net, 2021-2031F |
6.2.6 Grenada Galvanized Iron Wire Market Revenues & Volume, By Highway Guardrail, 2021-2031F |
6.2.7 Grenada Galvanized Iron Wire Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.8 Grenada Galvanized Iron Wire Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Grenada Galvanized Iron Wire Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Galvanized Iron Wire Market Import-Export Trade Statistics |
7.1 Grenada Galvanized Iron Wire Market Export to Major Countries |
7.2 Grenada Galvanized Iron Wire Market Imports from Major Countries |
8 Grenada Galvanized Iron Wire Market Key Performance Indicators |
8.1 Average selling price of galvanized iron wire in Grenada |
8.2 Number of infrastructure projects using galvanized iron wire |
8.3 Percentage of local market share held by domestic manufacturers |
8.4 Level of investment in research and development for improving product quality and efficiency |
9 Grenada Galvanized Iron Wire Market - Opportunity Assessment |
9.1 Grenada Galvanized Iron Wire Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Galvanized Iron Wire Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Galvanized Iron Wire Market - Competitive Landscape |
10.1 Grenada Galvanized Iron Wire Market Revenue Share, By Companies, 2024 |
10.2 Grenada Galvanized Iron Wire 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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