| Product Code: ETC4744681 | 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 continued to heavily rely on imported orris oil, with top exporters being the USA, UK, India, Trinidad and Tobago, and Guyana. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020-24 stood at a healthy 5.28%, while the impressive growth rate of 19.17% from 2023-24 signals a significant uptick in demand. Grenada`s continued dependence on these key exporting countries underscores the importance of monitoring market trends and diversifying sources to ensure a stable supply chain.
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 Orris Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Orris Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Orris Oil Market - Industry Life Cycle |
3.4 Grenada Orris Oil Market - Porter's Five Forces |
3.5 Grenada Orris Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Orris Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Orris Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Orris Oil Market Trends |
6 Grenada Orris Oil Market Segmentations |
6.1 Grenada Orris Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Orris Oil Market Revenues & Volume, By Steam Distillation, 2021-2031F |
6.1.3 Grenada Orris Oil Market Revenues & Volume, By Leaching Method, 2021-2031F |
6.2 Grenada Orris Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Orris Oil Market Revenues & Volume, By Cosmetic Industries, 2021-2031F |
6.2.3 Grenada Orris Oil Market Revenues & Volume, By Food Services, 2021-2031F |
6.2.4 Grenada Orris Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Orris Oil Market Import-Export Trade Statistics |
7.1 Grenada Orris Oil Market Export to Major Countries |
7.2 Grenada Orris Oil Market Imports from Major Countries |
8 Grenada Orris Oil Market Key Performance Indicators |
9 Grenada Orris Oil Market - Opportunity Assessment |
9.1 Grenada Orris Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Orris Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Orris Oil Market - Competitive Landscape |
10.1 Grenada Orris Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Orris Oil 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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