| Product Code: ETC5229466 | 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 import shipments of pencils continued to show strong growth, with a high concentration of imports from top countries like the USA, Trinidad and Tobago, UK, Panama, and China. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, reflecting evolving market dynamics. The impressive Compound Annual Growth Rate (CAGR) of 7.69% from 2020 to 2024 highlights the sustained expansion of the market. Furthermore, the remarkable growth rate of 60.1% from 2023 to 2024 underlines the accelerating momentum in pencil imports, presenting opportunities and challenges for market players in 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 Pencils Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pencils Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pencils Market - Industry Life Cycle |
3.4 Grenada Pencils Market - Porter's Five Forces |
3.5 Grenada Pencils Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Pencils Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Pencils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainable and eco-friendly products |
4.2.2 Growing demand for stationery products in educational institutions |
4.2.3 Innovation and product differentiation in pencil designs and features |
4.3 Market Restraints |
4.3.1 Intense competition from digital alternatives and devices |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Regulatory restrictions on the use of certain materials in pencil manufacturing |
5 Grenada Pencils Market Trends |
6 Grenada Pencils Market Segmentations |
6.1 Grenada Pencils Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pencils Market Revenues & Volume, By Wooden Pencils, 2021-2031F |
6.1.3 Grenada Pencils Market Revenues & Volume, By Mechanical Pencils, 2021-2031F |
6.1.4 Grenada Pencils Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Pencils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pencils Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Grenada Pencils Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Grenada Pencils Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Grenada Pencils Market Revenues & Volume, By Online Sales, 2021-2031F |
6.2.6 Grenada Pencils Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Pencils Market Import-Export Trade Statistics |
7.1 Grenada Pencils Market Export to Major Countries |
7.2 Grenada Pencils Market Imports from Major Countries |
8 Grenada Pencils Market Key Performance Indicators |
8.1 Percentage of recycled materials used in Grenada pencils production |
8.2 Number of partnerships with educational institutions for pencil supply |
8.3 Rate of new product launches and customer adoption of innovative pencil features |
9 Grenada Pencils Market - Opportunity Assessment |
9.1 Grenada Pencils Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Pencils Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Pencils Market - Competitive Landscape |
10.1 Grenada Pencils Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pencils 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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