| Product Code: ETC5316315 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Grenada`s sandalwood oil import market saw a significant decline in 2024, with a negative CAGR of -4.78% from 2020 to 2024. The top exporting countries to Grenada were Guyana, USA, Trinidad and Tobago, Puerto Rico, and other areas. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), the growth rate from 2023 to 2024 plummeted by -37.96%. This data indicates a challenging year for sandalwood oil imports in Grenada, with potential implications for the market dynamics and trade relationships 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 Sandalwood Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sandalwood Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sandalwood Oil Market - Industry Life Cycle |
3.4 Grenada Sandalwood Oil Market - Porter's Five Forces |
3.5 Grenada Sandalwood Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Sandalwood Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Sandalwood Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic skincare products |
4.2.2 Growing awareness about the benefits of sandalwood oil in aromatherapy and wellness |
4.2.3 Rising popularity of sustainable and ethically sourced ingredients in the beauty industry |
4.3 Market Restraints |
4.3.1 Limited availability of sandalwood trees in Grenada leading to supply constraints |
4.3.2 Fluctuating prices of sandalwood due to external factors like climate change and regulatory issues |
5 Grenada Sandalwood Oil Market Trends |
6 Grenada Sandalwood Oil Market Segmentations |
6.1 Grenada Sandalwood Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sandalwood Oil Market Revenues & Volume, By Natural Sandalwood Oil, 2021-2031F |
6.1.3 Grenada Sandalwood Oil Market Revenues & Volume, By Lab Created Sandalwood Oil, 2021-2031F |
6.2 Grenada Sandalwood Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sandalwood Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 Grenada Sandalwood Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Grenada Sandalwood Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
6.2.5 Grenada Sandalwood Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Sandalwood Oil Market Import-Export Trade Statistics |
7.1 Grenada Sandalwood Oil Market Export to Major Countries |
7.2 Grenada Sandalwood Oil Market Imports from Major Countries |
8 Grenada Sandalwood Oil Market Key Performance Indicators |
8.1 Sustainability metrics such as percentage of sandalwood trees replanted annually |
8.2 Customer satisfaction scores related to the quality and authenticity of Grenada sandalwood oil |
8.3 Number of partnerships with local communities or organizations supporting sustainable practices in sandalwood cultivation |
9 Grenada Sandalwood Oil Market - Opportunity Assessment |
9.1 Grenada Sandalwood Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Sandalwood Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Sandalwood Oil Market - Competitive Landscape |
10.1 Grenada Sandalwood Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sandalwood Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |