| Product Code: ETC4925162 | 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 import shipments of flanges continued to see a high level of market concentration, with the top exporting countries being the USA, Netherlands, UK, Colombia, and Germany. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 12.82%. This indicates a steady demand for flanges in Grenada, with established trade relationships with key suppliers driving the market forward.
By 2027, Grenada's Flanges market is forecasted to achieve a stable growth rate of 1.53%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Flanges Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Flanges Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Flanges Market - Industry Life Cycle |
3.4 Grenada Flanges Market - Porter's Five Forces |
3.5 Grenada Flanges Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Flanges Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Flanges Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Grenada Flanges Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Flanges Market Trends |
6 Grenada Flanges Market Segmentations |
6.1 Grenada Flanges Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Flanges Market Revenues & Volume, By Welding Neck, 2021-2031F |
6.1.3 Grenada Flanges Market Revenues & Volume, By Long Welding Neck, 2021-2031F |
6.1.4 Grenada Flanges Market Revenues & Volume, By Slip-On, 2021-2031F |
6.1.5 Grenada Flanges Market Revenues & Volume, By Socket Weld, 2021-2031F |
6.1.6 Grenada Flanges Market Revenues & Volume, By Lap Joint, 2021-2031F |
6.1.7 Grenada Flanges Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Flanges Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Flanges Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 Grenada Flanges Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2.4 Grenada Flanges Market Revenues & Volume, By Aluminum, 2021-2031F |
6.2.5 Grenada Flanges Market Revenues & Volume, By Polymer, 2021-2031F |
6.2.6 Grenada Flanges Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Flanges Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Flanges Market Revenues & Volume, By Aviation and Aerospace, 2021-2031F |
6.3.3 Grenada Flanges Market Revenues & Volume, By Petrochemical, 2021-2031F |
6.3.4 Grenada Flanges Market Revenues & Volume, By Architectural Decoration, 2021-2031F |
6.3.5 Grenada Flanges Market Revenues & Volume, By Food & Beverages Processing, 2021-2031F |
6.3.6 Grenada Flanges Market Revenues & Volume, By Construction, 2021-2031F |
7 Grenada Flanges Market Import-Export Trade Statistics |
7.1 Grenada Flanges Market Export to Major Countries |
7.2 Grenada Flanges Market Imports from Major Countries |
8 Grenada Flanges Market Key Performance Indicators |
9 Grenada Flanges Market - Opportunity Assessment |
9.1 Grenada Flanges Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Flanges Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Flanges Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Grenada Flanges Market - Competitive Landscape |
10.1 Grenada Flanges Market Revenue Share, By Companies, 2024 |
10.2 Grenada Flanges 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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