| Product Code: ETC4795620 | 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 continued to rely heavily on smartphone imports from top countries including the USA, Trinidad and Tobago, UAE, Barbados, and China. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 saw a decline of -2.19%. Furthermore, the growth rate from 2023 to 2024 experienced a significant decrease of -9.86%. These trends suggest a challenging environment for smartphone import shipments in Grenada, highlighting the need for strategic adjustments in the market.
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 Smartphone Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smartphone Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smartphone Market - Industry Life Cycle |
3.4 Grenada Smartphone Market - Porter's Five Forces |
3.5 Grenada Smartphone Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Smartphone Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Smartphone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Smartphone Market Trends |
6 Grenada Smartphone Market Segmentations |
6.1 Grenada Smartphone Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smartphone Market Revenues & Volume, By Android, 2021-2031F |
6.1.3 Grenada Smartphone Market Revenues & Volume, By iOS, 2021-2031F |
6.1.4 Grenada Smartphone Market Revenues & Volume, By Windows, 2021-2031F |
6.1.5 Grenada Smartphone Market Revenues & Volume, By Blackberry Operating System, 2021-2031F |
6.1.6 Grenada Smartphone Market Revenues & Volume, By Other, 2021-2031F |
6.2 Grenada Smartphone Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smartphone Market Revenues & Volume, By OEM, 2021-2031F |
6.2.3 Grenada Smartphone Market Revenues & Volume, By Retailer, 2021-2031F |
6.2.4 Grenada Smartphone Market Revenues & Volume, By e-Commerce, 2021-2031F |
7 Grenada Smartphone Market Import-Export Trade Statistics |
7.1 Grenada Smartphone Market Export to Major Countries |
7.2 Grenada Smartphone Market Imports from Major Countries |
8 Grenada Smartphone Market Key Performance Indicators |
9 Grenada Smartphone Market - Opportunity Assessment |
9.1 Grenada Smartphone Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Smartphone Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Smartphone Market - Competitive Landscape |
10.1 Grenada Smartphone Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smartphone 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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