| Product Code: ETC5026109 | 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 |
Grenada`s import of harps in 2024 saw shipments primarily coming from the USA, UK, Jamaica, Trinidad and Tobago, and Germany, reflecting a diverse sourcing strategy. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), the market continued to grow steadily with a commendable compound annual growth rate (CAGR) of 16.04% from 2020 to 2024. However, a slight decline was observed in the growth rate from 2023 to 2024 at -50.64%, indicating a potential shift in market dynamics that importers should monitor closely.
Grenada's Harps market is anticipated to experience a stable growth rate of 2.30% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Harps Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Harps Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Harps Market - Industry Life Cycle |
3.4 Grenada Harps Market - Porter's Five Forces |
3.5 Grenada Harps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Harps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Harps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Harps Market Trends |
6 Grenada Harps Market Segmentations |
6.1 Grenada Harps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Harps Market Revenues & Volume, By Under 8 Strings, 2021-2031F |
6.1.3 Grenada Harps Market Revenues & Volume, By 8 to 14 Strings, 2021-2031F |
6.1.4 Grenada Harps Market Revenues & Volume, By 15 to 21 Strings, 2021-2031F |
6.1.5 Grenada Harps Market Revenues & Volume, By 22 to 23 Strings, 2021-2031F |
6.1.6 Grenada Harps Market Revenues & Volume, By 24 to 28 Strings, 2021-2031F |
6.1.7 Grenada Harps Market Revenues & Volume, By 29 Strings & Above, 2021-2031F |
6.2 Grenada Harps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Harps Market Revenues & Volume, By Professional Players, 2021-2031F |
6.2.3 Grenada Harps Market Revenues & Volume, By Amateur, 2021-2031F |
7 Grenada Harps Market Import-Export Trade Statistics |
7.1 Grenada Harps Market Export to Major Countries |
7.2 Grenada Harps Market Imports from Major Countries |
8 Grenada Harps Market Key Performance Indicators |
9 Grenada Harps Market - Opportunity Assessment |
9.1 Grenada Harps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Harps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Harps Market - Competitive Landscape |
10.1 Grenada Harps Market Revenue Share, By Companies, 2024 |
10.2 Grenada Harps 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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