| Product Code: ETC7374550 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to heavily rely on imports of medium and large caliber ammunition, with top suppliers being the USA, Guyana, Barbados, Areas, nes, and Jamaica. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline with a compound annual growth rate (CAGR) of -8.35% from 2020 to 2024, and a steep negative growth rate of -39.21% from 2023 to 2024. These figures suggest a challenging environment for ammunition imports in Grenada, likely influenced by various economic and geopolitical factors.
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 Medium And Large Caliber Ammunition Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Medium And Large Caliber Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Medium And Large Caliber Ammunition Market - Industry Life Cycle |
3.4 Grenada Medium And Large Caliber Ammunition Market - Porter's Five Forces |
3.5 Grenada Medium And Large Caliber Ammunition Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Medium And Large Caliber Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget in Grenada |
4.2.2 Rising security threats and need for advanced weaponry |
4.2.3 Government initiatives to modernize armed forces |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms exports |
4.3.2 High cost associated with procurement and maintenance of medium and large caliber ammunition |
5 Grenada Medium And Large Caliber Ammunition Market Trends |
6 Grenada Medium And Large Caliber Ammunition Market, By Types |
6.1 Grenada Medium And Large Caliber Ammunition Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Medium And Large Caliber Ammunition Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Medium And Large Caliber Ammunition Market Revenues & Volume, By Medium Caliber, 2021- 2031F |
6.1.4 Grenada Medium And Large Caliber Ammunition Market Revenues & Volume, By Large Caliber, 2021- 2031F |
7 Grenada Medium And Large Caliber Ammunition Market Import-Export Trade Statistics |
7.1 Grenada Medium And Large Caliber Ammunition Market Export to Major Countries |
7.2 Grenada Medium And Large Caliber Ammunition Market Imports from Major Countries |
8 Grenada Medium And Large Caliber Ammunition Market Key Performance Indicators |
8.1 Number of defense contracts awarded for medium and large caliber ammunition |
8.2 Technology adoption rate in the ammunition industry in Grenada |
8.3 Rate of innovation and development in medium and large caliber ammunition manufacturing technologies |
9 Grenada Medium And Large Caliber Ammunition Market - Opportunity Assessment |
9.1 Grenada Medium And Large Caliber Ammunition Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Medium And Large Caliber Ammunition Market - Competitive Landscape |
10.1 Grenada Medium And Large Caliber Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Grenada Medium And Large Caliber Ammunition 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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