| Product Code: ETC7379415 | 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 continued to rely heavily on imports of ready-mix concrete, with top exporting countries including Trinidad and Tobago, USA, Canada, UK, and other areas. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 16.35% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -29.62%. This suggests potential shifts in the market dynamics or challenges that impacted the import shipments of ready-mix concrete to Grenada.
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 Ready-mix Concrete Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ready-mix Concrete Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ready-mix Concrete Market - Industry Life Cycle |
3.4 Grenada Ready-mix Concrete Market - Porter's Five Forces |
3.5 Grenada Ready-mix Concrete Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ready-mix Concrete Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Ready-mix Concrete Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Grenada |
4.2.2 Growing urbanization and infrastructure development projects |
4.2.3 Demand for sustainable and eco-friendly construction materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Intense competition from traditional concrete suppliers |
5 Grenada Ready-mix Concrete Market Trends |
6 Grenada Ready-mix Concrete Market, By Types |
6.1 Grenada Ready-mix Concrete Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ready-mix Concrete Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Ready-mix Concrete Market Revenues & Volume, By Transit Mixed Concrete, 2021- 2031F |
6.1.4 Grenada Ready-mix Concrete Market Revenues & Volume, By Shrink Mixed Concrete, 2021- 2031F |
6.1.5 Grenada Ready-mix Concrete Market Revenues & Volume, By Central Mixed Concrete, 2021- 2031F |
6.1.6 Grenada Ready-mix Concrete Market Revenues & Volume, By Hybrid Riser, 2021- 2031F |
6.1.7 Grenada Ready-mix Concrete Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Ready-mix Concrete Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ready-mix Concrete Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Ready-mix Concrete Market Revenues & Volume, By Non-Residential, 2021- 2031F |
6.2.4 Grenada Ready-mix Concrete Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.5 Grenada Ready-mix Concrete Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 Grenada Ready-mix Concrete Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Ready-mix Concrete Market Import-Export Trade Statistics |
7.1 Grenada Ready-mix Concrete Market Export to Major Countries |
7.2 Grenada Ready-mix Concrete Market Imports from Major Countries |
8 Grenada Ready-mix Concrete Market Key Performance Indicators |
8.1 Average delivery time of ready-mix concrete |
8.2 Percentage of repeat customers |
8.3 Rate of adoption of innovative concrete solutions |
8.4 Utilization rate of production capacity |
8.5 Customer satisfaction scores |
9 Grenada Ready-mix Concrete Market - Opportunity Assessment |
9.1 Grenada Ready-mix Concrete Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ready-mix Concrete Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Ready-mix Concrete Market - Competitive Landscape |
10.1 Grenada Ready-mix Concrete Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ready-mix Concrete 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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