| Product Code: ETC12700966 | 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 |
Grenada`s import shipments of NPK fertilizers saw significant growth in 2024, with top exporters including the Netherlands, USA, Trinidad and Tobago, Areas, nes, and the Dominican Republic. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 23.43%, indicating a strong upward trend in imports. Furthermore, the growth rate from 2023 to 2024 surged by 55.39%, underlining the rapid expansion of NPK fertilizer imports into Grenada.
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 NPK Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada NPK Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada NPK Market - Industry Life Cycle |
3.4 Grenada NPK Market - Porter's Five Forces |
3.5 Grenada NPK Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada NPK Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Grenada NPK Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada NPK Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Grenada NPK Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of using NPK fertilizers in agriculture |
4.2.2 Government initiatives to promote the use of NPK fertilizers in Grenada |
4.2.3 Technological advancements in NPK fertilizer production and application methods |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in NPK fertilizer production |
4.3.2 Environmental concerns and regulations related to the use of NPK fertilizers |
4.3.3 Competition from alternative fertilizers or organic farming practices |
5 Grenada NPK Market Trends |
6 Grenada NPK Market, By Types |
6.1 Grenada NPK Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada NPK Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada NPK Market Revenues & Volume, By Nitrogen, 2021 - 2031F |
6.1.4 Grenada NPK Market Revenues & Volume, By Phosphorus, 2021 - 2031F |
6.1.5 Grenada NPK Market Revenues & Volume, By Potassium, 2021 - 2031F |
6.1.6 Grenada NPK Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada NPK Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Grenada NPK Market Revenues & Volume, By Cereals and Grains, 2021 - 2031F |
6.2.3 Grenada NPK Market Revenues & Volume, By Oilseeds and Pulses, 2021 - 2031F |
6.2.4 Grenada NPK Market Revenues & Volume, By Fruits and Vegetables, 2021 - 2031F |
6.3 Grenada NPK Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada NPK Market Revenues & Volume, By Farmers, 2021 - 2031F |
6.3.3 Grenada NPK Market Revenues & Volume, By Agricultural Cooperatives, 2021 - 2031F |
6.3.4 Grenada NPK Market Revenues & Volume, By Commercial Growers, 2021 - 2031F |
6.4 Grenada NPK Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Grenada NPK Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.3 Grenada NPK Market Revenues & Volume, By Liquid, 2021 - 2031F |
7 Grenada NPK Market Import-Export Trade Statistics |
7.1 Grenada NPK Market Export to Major Countries |
7.2 Grenada NPK Market Imports from Major Countries |
8 Grenada NPK Market Key Performance Indicators |
8.1 Adoption rate of NPK fertilizers among Grenadian farmers |
8.2 Average yield increase in crops where NPK fertilizers are used |
8.3 Percentage of arable land in Grenada using NPK fertilizers |
9 Grenada NPK Market - Opportunity Assessment |
9.1 Grenada NPK Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada NPK Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Grenada NPK Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada NPK Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Grenada NPK Market - Competitive Landscape |
10.1 Grenada NPK Market Revenue Share, By Companies, 2024 |
10.2 Grenada NPK 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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