| Product Code: ETC4861721 | 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 import of magnesium sulphate in 2024 continued to be dominated by shipments from Trinidad and Tobago, USA, UK, Areas, nes, and Austria, reflecting a highly concentrated market. The compound annual growth rate (CAGR) for the period 2020-2024 was -8.04%, with a steep decline in the growth rate from 2023 to 2024 at -25.95%. These figures indicate a challenging market environment for magnesium sulphate imports in Grenada, suggesting potential shifts in trade dynamics or market conditions impacting the sector.
In the North America region, the Magnesium Sulphate market in Grenada is projected to expand at a stable growth rate of 1.65% by 2027. The largest economy is United States of America, 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 Magnesium Sulphate Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Magnesium Sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Magnesium Sulphate Market - Industry Life Cycle |
3.4 Grenada Magnesium Sulphate Market - Porter's Five Forces |
3.5 Grenada Magnesium Sulphate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Magnesium Sulphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Magnesium Sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Magnesium Sulphate Market Trends |
6 Grenada Magnesium Sulphate Market Segmentations |
6.1 Grenada Magnesium Sulphate Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Magnesium Sulphate Market Revenues & Volume, By Heptahydrate, 2021-2031F |
6.1.3 Grenada Magnesium Sulphate Market Revenues & Volume, By Anhydrous, 2021-2031F |
6.1.4 Grenada Magnesium Sulphate Market Revenues & Volume, By Monohydrate, 2021-2031F |
6.2 Grenada Magnesium Sulphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Magnesium Sulphate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Grenada Magnesium Sulphate Market Revenues & Volume, By Food & Feed additives, 2021-2031F |
6.2.4 Grenada Magnesium Sulphate Market Revenues & Volume, By Pharmaceuticals & Personal Care, 2021-2031F |
6.2.5 Grenada Magnesium Sulphate Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.6 Grenada Magnesium Sulphate Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.7 Grenada Magnesium Sulphate Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Magnesium Sulphate Market Import-Export Trade Statistics |
7.1 Grenada Magnesium Sulphate Market Export to Major Countries |
7.2 Grenada Magnesium Sulphate Market Imports from Major Countries |
8 Grenada Magnesium Sulphate Market Key Performance Indicators |
9 Grenada Magnesium Sulphate Market - Opportunity Assessment |
9.1 Grenada Magnesium Sulphate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Magnesium Sulphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Magnesium Sulphate Market - Competitive Landscape |
10.1 Grenada Magnesium Sulphate Market Revenue Share, By Companies, 2024 |
10.2 Grenada Magnesium Sulphate 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