| Product Code: ETC7381336 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada`s specialty oils import market continued to be dominated by key exporters such as the USA, Trinidad and Tobago, Canada, Italy, and the UK. Despite a concerning negative CAGR of -23.89% from 2020 to 2024, the high Herfindahl-Hirschman Index (HHI) indicates a heavily concentrated market. The steep decline in growth rate from 2023 to 2024 at -72.13% suggests potential challenges faced by the industry. Stakeholders should closely monitor market dynamics and adapt strategies to navigate these turbulent conditions.
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 Specialty Oils Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Specialty Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Specialty Oils Market - Industry Life Cycle |
3.4 Grenada Specialty Oils Market - Porter's Five Forces |
3.5 Grenada Specialty Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Specialty Oils Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Specialty Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Specialty Oils Market Trends |
6 Grenada Specialty Oils Market, By Types |
6.1 Grenada Specialty Oils Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Specialty Oils Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Specialty Oils Market Revenues & Volume, By Chocolate and Confectionary, 2021- 2031F |
6.1.4 Grenada Specialty Oils Market Revenues & Volume, By Bakery, 2021- 2031F |
6.1.5 Grenada Specialty Oils Market Revenues & Volume, By Processed Food, 2021- 2031F |
6.1.6 Grenada Specialty Oils Market Revenues & Volume, By Dairy, 2021- 2031F |
6.1.7 Grenada Specialty Oils Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.1.8 Grenada Specialty Oils Market Revenues & Volume, By Baby Food, 2021- 2031F |
6.2 Grenada Specialty Oils Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Specialty Oils Market Revenues & Volume, By Corn Oil, 2021- 2031F |
6.2.3 Grenada Specialty Oils Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.2.4 Grenada Specialty Oils Market Revenues & Volume, By Blend Oil, 2021- 2031F |
6.2.5 Grenada Specialty Oils Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.2.6 Grenada Specialty Oils Market Revenues & Volume, By Palm Oil, 2021- 2031F |
6.2.7 Grenada Specialty Oils Market Revenues & Volume, By Rapeseed Oil, 2021- 2031F |
7 Grenada Specialty Oils Market Import-Export Trade Statistics |
7.1 Grenada Specialty Oils Market Export to Major Countries |
7.2 Grenada Specialty Oils Market Imports from Major Countries |
8 Grenada Specialty Oils Market Key Performance Indicators |
9 Grenada Specialty Oils Market - Opportunity Assessment |
9.1 Grenada Specialty Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Specialty Oils Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Specialty Oils Market - Competitive Landscape |
10.1 Grenada Specialty Oils Market Revenue Share, By Companies, 2024 |
10.2 Grenada Specialty Oils 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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