| Product Code: ETC5375234 | 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 |
Grenada`s general merchandise import market in 2024 continued to be dominated by key exporting countries such as the USA, Germany, Panama, China, and the UK. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 10.66%. The high Herfindahl-Hirschman Index (HHI) concentration indicates continued market dominance by major players. Grenada`s import market is likely to benefit from the diverse range of goods and products supplied by these top exporting countries.
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 General Merchandise Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada General Merchandise Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada General Merchandise Market - Industry Life Cycle |
3.4 Grenada General Merchandise Market - Porter's Five Forces |
3.5 Grenada General Merchandise Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada General Merchandise Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada General Merchandise Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Grenada |
4.2.2 Growth in tourism industry leading to higher demand for general merchandise |
4.2.3 Expansion of retail infrastructure in Grenada |
4.3 Market Restraints |
4.3.1 High import duties impacting the cost of goods |
4.3.2 Seasonal fluctuations in tourist arrivals affecting sales |
4.3.3 Competition from online retailers impacting traditional brick-and-mortar stores |
5 Grenada General Merchandise Market Trends |
6 Grenada General Merchandise Market Segmentations |
6.1 Grenada General Merchandise Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada General Merchandise Market Revenues & Volume, By Home and Furniture, 2021-2031F |
6.1.3 Grenada General Merchandise Market Revenues & Volume, By Garden, 2021-2031F |
6.1.4 Grenada General Merchandise Market Revenues & Volume, By Electrical, 2021-2031F |
6.1.5 Grenada General Merchandise Market Revenues & Volume, By Food and Drink, 2021-2031F |
6.1.6 Grenada General Merchandise Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada General Merchandise Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada General Merchandise Market Revenues & Volume, By Supermarket, 2021-2031F |
6.2.3 Grenada General Merchandise Market Revenues & Volume, By Retail market, 2021-2031F |
6.2.4 Grenada General Merchandise Market Revenues & Volume, By Specialty store, 2021-2031F |
6.2.5 Grenada General Merchandise Market Revenues & Volume, By E-tailer, 2021-2031F |
6.2.6 Grenada General Merchandise Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada General Merchandise Market Import-Export Trade Statistics |
7.1 Grenada General Merchandise Market Export to Major Countries |
7.2 Grenada General Merchandise Market Imports from Major Countries |
8 Grenada General Merchandise Market Key Performance Indicators |
8.1 Average transaction value per customer |
8.2 Customer satisfaction scores |
8.3 Inventory turnover rate |
8.4 Foot traffic in retail stores |
8.5 Market basket analysis data |
9 Grenada General Merchandise Market - Opportunity Assessment |
9.1 Grenada General Merchandise Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada General Merchandise Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada General Merchandise Market - Competitive Landscape |
10.1 Grenada General Merchandise Market Revenue Share, By Companies, 2024 |
10.2 Grenada General Merchandise 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.
To discover high-growth global markets and optimize your business strategy:
Click Here