| Product Code: ETC7377255 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a significant increase in paraffin import shipments, with top exporting countries including Cayman Islands, Trinidad and Tobago, USA, Turks and Caicos Islands, and Netherlands. The Herfindahl-Hirschman Index (HHI) remained at a very high concentration level, indicating a competitive market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 29.65%, with a notable growth rate of 16.26% from 2023 to 2024. This data suggests a strong demand for paraffin in Grenada and continued growth in the import 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 Paraffin Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Paraffin Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Paraffin Market - Industry Life Cycle |
3.4 Grenada Paraffin Market - Porter's Five Forces |
3.5 Grenada Paraffin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Paraffin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Paraffin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Paraffin Market Trends |
6 Grenada Paraffin Market, By Types |
6.1 Grenada Paraffin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Paraffin Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Paraffin Market Revenues & Volume, By Paraffin Wax, 2021- 2031F |
6.1.4 Grenada Paraffin Market Revenues & Volume, By Liquid Paraffin, 2021- 2031F |
6.1.5 Grenada Paraffin Market Revenues & Volume, By Kerosene, 2021- 2031F |
6.1.6 Grenada Paraffin Market Revenues & Volume, By Petroleum Jelly, 2021- 2031F |
6.2 Grenada Paraffin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Paraffin Market Revenues & Volume, By Cosmetics and Personal Care, 2021- 2031F |
6.2.3 Grenada Paraffin Market Revenues & Volume, By Paperboard and Packaging, 2021- 2031F |
6.2.4 Grenada Paraffin Market Revenues & Volume, By Fuel, 2021- 2031F |
6.2.5 Grenada Paraffin Market Revenues & Volume, By Rubber, 2021- 2031F |
6.2.6 Grenada Paraffin Market Revenues & Volume, By Lubricants, 2021- 2031F |
6.2.7 Grenada Paraffin Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Grenada Paraffin Market Import-Export Trade Statistics |
7.1 Grenada Paraffin Market Export to Major Countries |
7.2 Grenada Paraffin Market Imports from Major Countries |
8 Grenada Paraffin Market Key Performance Indicators |
9 Grenada Paraffin Market - Opportunity Assessment |
9.1 Grenada Paraffin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Paraffin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Paraffin Market - Competitive Landscape |
10.1 Grenada Paraffin Market Revenue Share, By Companies, 2024 |
10.2 Grenada Paraffin 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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