| Product Code: ETC7383238 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a steady increase in vegetable oil import shipments, with Indonesia, Netherlands, Malaysia, Hong Kong, and China emerging as the top exporting countries. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a dominant market presence among these key exporters. With a compound annual growth rate (CAGR) of 3.55% from 2020 to 2024 and a growth rate of 3.7% in 2023-24, Grenada`s vegetable oil import market shows resilience and potential for further expansion in the upcoming years.
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 Vegetable Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vegetable Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vegetable Oil Market - Industry Life Cycle |
3.4 Grenada Vegetable Oil Market - Porter's Five Forces |
3.5 Grenada Vegetable Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Vegetable Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Vegetable Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of vegetable oil consumption |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Rise in disposable income leading to higher purchasing power for vegetable oil products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Intense competition from other vegetable oil brands in the market |
5 Grenada Vegetable Oil Market Trends |
6 Grenada Vegetable Oil Market, By Types |
6.1 Grenada Vegetable Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vegetable Oil Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Vegetable Oil Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 Grenada Vegetable Oil Market Revenues & Volume, By Rapeseed (Canola) Oil, 2021- 2031F |
6.1.5 Grenada Vegetable Oil Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.2 Grenada Vegetable Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vegetable Oil Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Grenada Vegetable Oil Market Revenues & Volume, By Feed, 2021- 2031F |
6.2.4 Grenada Vegetable Oil Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Grenada Vegetable Oil Market Import-Export Trade Statistics |
7.1 Grenada Vegetable Oil Market Export to Major Countries |
7.2 Grenada Vegetable Oil Market Imports from Major Countries |
8 Grenada Vegetable Oil Market Key Performance Indicators |
8.1 Average selling price of grenada vegetable oil |
8.2 Consumer satisfaction ratings for grenada vegetable oil |
8.3 Number of new product innovations introduced in the grenada vegetable oil market |
9 Grenada Vegetable Oil Market - Opportunity Assessment |
9.1 Grenada Vegetable Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Vegetable Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Vegetable Oil Market - Competitive Landscape |
10.1 Grenada Vegetable Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vegetable Oil 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.
To discover high-growth global markets and optimize your business strategy:
Click Here