| Product Code: ETC12751462 | 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 |
The import shipments of Grenada nitro compound fertilizers saw significant growth in 2024, with a high concentration of imports from countries such as Dominican Republic, Trinidad and Tobago, Serbia, USA, and Germany. The Herfindahl-Hirschman Index (HHI) indicated a very high concentration in 2024, reflecting a competitive market landscape. The impressive Compound Annual Growth Rate (CAGR) of 39.24% from 2020 to 2024 highlights the increasing demand for nitro compound fertilizers in Grenada. Moreover, the notable growth rate of 27.28% from 2023 to 2024 suggests a thriving market for these imports in the country.
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 Nitro Compound Fertilizers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Nitro Compound Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Nitro Compound Fertilizers Market - Industry Life Cycle |
3.4 Grenada Nitro Compound Fertilizers Market - Porter's Five Forces |
3.5 Grenada Nitro Compound Fertilizers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Nitro Compound Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Nitro Compound Fertilizers Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Nitro Compound Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-yield crops in Grenada |
4.2.2 Government support and incentives for agriculture sector |
4.2.3 Growing awareness about the benefits of nitro compound fertilizers in improving soil fertility |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in nitro compound fertilizers production |
4.3.2 Environmental concerns and regulations regarding chemical fertilizer usage |
4.3.3 Competition from alternative organic fertilizers in the market |
5 Grenada Nitro Compound Fertilizers Market Trends |
6 Grenada Nitro Compound Fertilizers Market, By Types |
6.1 Grenada Nitro Compound Fertilizers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Nitrate-Based, 2021 - 2031F |
6.1.4 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Ammonium-Based, 2021 - 2031F |
6.1.5 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Urea-Based, 2021 - 2031F |
6.2 Grenada Nitro Compound Fertilizers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Cereal Crops, 2021 - 2031F |
6.2.3 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Horticulture, 2021 - 2031F |
6.2.4 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Organic Farming, 2021 - 2031F |
6.3 Grenada Nitro Compound Fertilizers Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.3.3 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Commercial Farming, 2021 - 2031F |
6.3.4 Grenada Nitro Compound Fertilizers Market Revenues & Volume, By Fertilizer Manufacturers, 2021 - 2031F |
7 Grenada Nitro Compound Fertilizers Market Import-Export Trade Statistics |
7.1 Grenada Nitro Compound Fertilizers Market Export to Major Countries |
7.2 Grenada Nitro Compound Fertilizers Market Imports from Major Countries |
8 Grenada Nitro Compound Fertilizers Market Key Performance Indicators |
8.1 Average crop yield per acre in Grenada |
8.2 Adoption rate of nitro compound fertilizers by local farmers |
8.3 Number of research and development initiatives focused on enhancing nitro compound fertilizers efficacy |
9 Grenada Nitro Compound Fertilizers Market - Opportunity Assessment |
9.1 Grenada Nitro Compound Fertilizers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Nitro Compound Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Nitro Compound Fertilizers Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Nitro Compound Fertilizers Market - Competitive Landscape |
10.1 Grenada Nitro Compound Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Nitro Compound Fertilizers 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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