| Product Code: ETC4724066 | 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 |
Despite a declining CAGR of -27.1% from 2020 to 2024, Grenada`s sodium chloride import market saw a slight improvement in the growth rate in 2024 at -24.57%. The top exporting countries to Grenada in 2024 were Barbados, USA, Saint Vincent and the Grenadines, and the UK, indicating a diverse source of sodium chloride imports. However, the high HHI concentration in the market suggests limited competition among suppliers. Grenada may benefit from exploring new trade partnerships to enhance market dynamics and potentially stabilize import trends in the coming years.
The Sodium chloride market in Grenada is projected to grow at a stable growth rate of 1.51% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Sodium chloride Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sodium chloride Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sodium chloride Market - Industry Life Cycle |
3.4 Grenada Sodium chloride Market - Porter's Five Forces |
3.5 Grenada Sodium chloride Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Grenada Sodium chloride Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Sodium chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Sodium chloride Market Trends |
6 Grenada Sodium chloride Market Segmentations |
6.1 Grenada Sodium chloride Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sodium chloride Market Revenues & Volume, By Sea Water, 2021-2031F |
6.1.3 Grenada Sodium chloride Market Revenues & Volume, By Rock Salt, 2021-2031F |
6.1.4 Grenada Sodium chloride Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Sodium chloride Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sodium chloride Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.3 Grenada Sodium chloride Market Revenues & Volume, By Food Grade Salt, 2021-2031F |
6.2.4 Grenada Sodium chloride Market Revenues & Volume, By Road De-icing, 2021-2031F |
6.2.5 Grenada Sodium chloride Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Sodium chloride Market Import-Export Trade Statistics |
7.1 Grenada Sodium chloride Market Export to Major Countries |
7.2 Grenada Sodium chloride Market Imports from Major Countries |
8 Grenada Sodium chloride Market Key Performance Indicators |
9 Grenada Sodium chloride Market - Opportunity Assessment |
9.1 Grenada Sodium chloride Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Grenada Sodium chloride Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Sodium chloride Market - Competitive Landscape |
10.1 Grenada Sodium chloride Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sodium chloride 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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