| Product Code: ETC4863450 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The potassium hydroxide import shipments to Grenada in 2024 show a significant concentration of supply from top exporters such as Puerto Rico, USA, Trinidad and Tobago, Barbados, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 is strong at 12.72%, with a remarkable growth rate of 217.25% from 2023 to 2024. This data suggests a growing demand for potassium hydroxide in Grenada and highlights the importance of these key exporting countries in meeting that demand.
By 2027, the Potassium Hydroxide market in Grenada is anticipated to reach a growth rate of 2.24%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

Potassium hydroxide is used in the production of soaps, detergents, and fertilizers. The market in Grenada is growing as demand increases in the agricultural and industrial sectors, where potassium hydroxide plays a key role in various manufacturing processes.
The Grenada potassium hydroxide market is influenced by its applications in chemical production, cleaning agents, and food processing. Growing industrialization and demand for high-purity chemicals drive the market.
The Potassium Hydroxide market in Grenada faces challenges due to the high costs of production and limited local demand. Potassium hydroxide is used in various industries, including chemical manufacturing and cleaning products, but its market in Grenada is constrained by limited demand and high import reliance. Additionally, there is limited local manufacturing capability, which increases costs and hinders market development.
The market for potassium hydroxide in Grenada is influenced by the government`s initiatives to improve industrial production processes, particularly in the chemical and manufacturing sectors. Policies that promote the use of efficient and safe chemical production methods support the demand for potassium hydroxide. Furthermore, the government`s focus on environmental protection and regulatory standards ensures that potassium hydroxide production adheres to sustainability practices, contributing to its market growth.
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 Potassium Hydroxide Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Potassium Hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Potassium Hydroxide Market - Industry Life Cycle |
3.4 Grenada Potassium Hydroxide Market - Porter's Five Forces |
3.5 Grenada Potassium Hydroxide Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Potassium Hydroxide Market Revenues & Volume Share, By Grades, 2021 & 2031F |
4 Grenada Potassium Hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Potassium Hydroxide Market Trends |
6 Grenada Potassium Hydroxide Market Segmentations |
6.1 Grenada Potassium Hydroxide Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Potassium Hydroxide Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Grenada Potassium Hydroxide Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 Grenada Potassium Hydroxide Market Revenues & Volume, By Pallet, 2021-2031F |
6.1.5 Grenada Potassium Hydroxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Potassium Hydroxide Market, By Grades |
6.2.1 Overview and Analysis |
6.2.2 Grenada Potassium Hydroxide Market Revenues & Volume, By Industrial grade, 2021-2031F |
6.2.3 Grenada Potassium Hydroxide Market Revenues & Volume, By Food grade, 2021-2031F |
6.2.4 Grenada Potassium Hydroxide Market Revenues & Volume, By Medical grade, 2021-2031F |
6.2.5 Grenada Potassium Hydroxide Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Potassium Hydroxide Market Import-Export Trade Statistics |
7.1 Grenada Potassium Hydroxide Market Export to Major Countries |
7.2 Grenada Potassium Hydroxide Market Imports from Major Countries |
8 Grenada Potassium Hydroxide Market Key Performance Indicators |
9 Grenada Potassium Hydroxide Market - Opportunity Assessment |
9.1 Grenada Potassium Hydroxide Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Potassium Hydroxide Market Opportunity Assessment, By Grades, 2021 & 2031F |
10 Grenada Potassium Hydroxide Market - Competitive Landscape |
10.1 Grenada Potassium Hydroxide Market Revenue Share, By Companies, 2024 |
10.2 Grenada Potassium Hydroxide 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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