| Product Code: ETC4667142 | 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 rum import market continued to experience strong growth, with top exporting countries including Barbados, Guyana, Trinidad and Tobago, USA, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 12.44% from 2020-24 highlights sustained expansion. The growth rate of 12.29% from 2023-24 further exemplifies the increasing demand for rum in Grenada. This data suggests a positive trend in the rum import market, with key players contributing to the country`s thriving rum industry.
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 Rum Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Rum Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Rum Market - Industry Life Cycle |
3.4 Grenada Rum Market - Porter's Five Forces |
3.5 Grenada Rum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Rum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Rum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Rum Market Trends |
6 Grenada Rum Market Segmentations |
6.1 Grenada Rum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Rum Market Revenues & Volume, By Golden, 2021-2031F |
6.1.3 Grenada Rum Market Revenues & Volume, By Dark, 2021-2031F |
6.1.4 Grenada Rum Market Revenues & Volume, By White, 2021-2031F |
6.1.5 Grenada Rum Market Revenues & Volume, By Spiced, 2021-2031F |
6.2 Grenada Rum Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Rum Market Revenues & Volume, By On-trade, 2021-2031F |
6.2.3 Grenada Rum Market Revenues & Volume, By Off-trade, 2021-2031F |
7 Grenada Rum Market Import-Export Trade Statistics |
7.1 Grenada Rum Market Export to Major Countries |
7.2 Grenada Rum Market Imports from Major Countries |
8 Grenada Rum Market Key Performance Indicators |
9 Grenada Rum Market - Opportunity Assessment |
9.1 Grenada Rum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Rum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Rum Market - Competitive Landscape |
10.1 Grenada Rum Market Revenue Share, By Companies, 2024 |
10.2 Grenada Rum 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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