| Product Code: ETC5214304 | 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 |
Grenada`s silver import market in 2024 saw significant reliance on the USA as the top exporting country. Despite a slight decrease in concentration levels, the Herfindahl-Hirschman Index (HHI) remained notably high. The compound annual growth rate (CAGR) from 2020 to 2024 was marginal at -0.04, reflecting stable but stagnant market conditions. However, the sharp decline in growth rate from 2023 to 2024 at -57.39 suggests a challenging year for silver imports in Grenada, indicating potential shifts in market dynamics that importers should monitor closely.
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 Silver Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Silver Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Silver Market - Industry Life Cycle |
3.4 Grenada Silver Market - Porter's Five Forces |
3.5 Grenada Silver Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Silver Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Silver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for silver jewelry and accessories in Grenada |
4.2.2 Increasing disposable income of consumers in Grenada |
4.2.3 Rising popularity of silver as an affordable luxury item in the region |
4.3 Market Restraints |
4.3.1 Fluctuating silver prices in the global market |
4.3.2 Competition from alternative materials like stainless steel or brass in Grenada |
5 Grenada Silver Market Trends |
6 Grenada Silver Market Segmentations |
6.1 Grenada Silver Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Silver Market Revenues & Volume, By Sterling Silver, 2021-2031F |
6.1.3 Grenada Silver Market Revenues & Volume, By German Silver, 2021-2031F |
6.1.4 Grenada Silver Market Revenues & Volume, By Coin Silver, 2021-2031F |
6.1.5 Grenada Silver Market Revenues & Volume, By Britannia Silver, 2021-2031F |
6.1.6 Grenada Silver Market Revenues & Volume, By Mexican Silver, 2021-2031F |
6.1.7 Grenada Silver Market Revenues & Volume, By Russian Silver, 2021-2031F |
6.1.9 Grenada Silver Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Grenada Silver Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Silver Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Silver Market Revenues & Volume, By Silverware, 2021-2031F |
6.2.3 Grenada Silver Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Grenada Silver Market Revenues & Volume, By Jewelry, 2021-2031F |
6.2.5 Grenada Silver Market Revenues & Volume, By Investment, 2021-2031F |
6.2.6 Grenada Silver Market Revenues & Volume, By Photographic , 2021-2031F |
6.2.7 Grenada Silver Market Revenues & Volume, By Films, 2021-2031F |
6.2.8 Grenada Silver Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.9 Grenada Silver Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Grenada Silver Market Import-Export Trade Statistics |
7.1 Grenada Silver Market Export to Major Countries |
7.2 Grenada Silver Market Imports from Major Countries |
8 Grenada Silver Market Key Performance Indicators |
8.1 Average spending per capita on silver jewelry in Grenada |
8.2 Number of silver jewelry stores opening in Grenada |
8.3 Percentage of consumers who consider silver jewelry as a preferred choice in Grenada |
9 Grenada Silver Market - Opportunity Assessment |
9.1 Grenada Silver Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Silver Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Silver Market - Competitive Landscape |
10.1 Grenada Silver Market Revenue Share, By Companies, 2024 |
10.2 Grenada Silver 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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