| Product Code: ETC5101121 | 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 |
In 2024, Grenada`s nondurable goods import shipments continued to show a high level of market concentration, with the top exporting countries being the USA, UK, China, Trinidad and Tobago, and Barbados. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for nondurable goods imports in Grenada over the period 2020-2024 remained strong at 12.89%. This data suggests a stable and significant flow of nondurable goods into Grenada, with key trading partners maintaining their position in the market.
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 Nondurable Goods Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Nondurable Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Nondurable Goods Market - Industry Life Cycle |
3.4 Grenada Nondurable Goods Market - Porter's Five Forces |
3.5 Grenada Nondurable Goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Nondurable Goods Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Nondurable Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer disposable income in Grenada |
4.2.2 Growing population leading to higher demand for nondurable goods |
4.2.3 Tourism industry growth boosting demand for products in the market |
4.3 Market Restraints |
4.3.1 High import tariffs impacting product pricing and affordability |
4.3.2 Limited domestic production capacity leading to dependence on imports |
4.3.3 Fluctuating exchange rates affecting cost of imported goods |
5 Grenada Nondurable Goods Market Trends |
6 Grenada Nondurable Goods Market Segmentations |
6.1 Grenada Nondurable Goods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Nondurable Goods Market Revenues & Volume, By Food, 2021-2031F |
6.1.3 Grenada Nondurable Goods Market Revenues & Volume, By Drinks, 2021-2031F |
6.1.4 Grenada Nondurable Goods Market Revenues & Volume, By Medication, 2021-2031F |
6.1.5 Grenada Nondurable Goods Market Revenues & Volume, By Cleaning Supplies, 2021-2031F |
6.1.6 Grenada Nondurable Goods Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.1.7 Grenada Nondurable Goods Market Revenues & Volume, By Office Supplies, 2021-2031F |
6.1.9 Grenada Nondurable Goods Market Revenues & Volume, By Cigarettes And Tobacco, 2021-2031F |
6.1.10 Grenada Nondurable Goods Market Revenues & Volume, By Cigarettes And Tobacco, 2021-2031F |
6.2 Grenada Nondurable Goods Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Nondurable Goods Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Grenada Nondurable Goods Market Revenues & Volume, By Online, 2021-2031F |
7 Grenada Nondurable Goods Market Import-Export Trade Statistics |
7.1 Grenada Nondurable Goods Market Export to Major Countries |
7.2 Grenada Nondurable Goods Market Imports from Major Countries |
8 Grenada Nondurable Goods Market Key Performance Indicators |
8.1 Consumer spending trends on nondurable goods |
8.2 Tourism arrivals and spending patterns |
8.3 Household savings rate |
8.4 Retail sales growth in the nondurable goods sector |
8.5 Consumer confidence index |
9 Grenada Nondurable Goods Market - Opportunity Assessment |
9.1 Grenada Nondurable Goods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Nondurable Goods Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Nondurable Goods Market - Competitive Landscape |
10.1 Grenada Nondurable Goods Market Revenue Share, By Companies, 2024 |
10.2 Grenada Nondurable Goods 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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