Market research

Sucrose in solid form market in Grenada

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2021, the market for chemically pure sucrose in solid form in Grenada showed consistent growth, expanding from 3 159 t to a peak of 3 590 t. This increase was supported by a rise in domestic production, which reached 2 782 t in 2019. However, from 2022 onward, the market experienced a shift, with volume dropping to 3 334 t before a partial recovery to 3 518 t in 2023.

The structure of supply changed notably during the period. Domestic production entered a sustained decline after 2019, falling to 1 757 t in 2022. To compensate, imports more than doubled, rising from 837 t in 2018 to 1 830 t in 2023, becoming the primary source of market volume. Minor exports of 125 t and 133 t commenced in 2022 and 2023 respectively, but did not significantly affect total market size.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Grenada
  1. 5.1.1. Annual dynamics of production in Grenada in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Grenada in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Grenada in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Grenada by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Grenada in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Grenada by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Grenada, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Grenada by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Grenada in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Grenada by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Grenada in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Grenada by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Grenada, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Grenada by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Grenada in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Grenada by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Grenada in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Grenada by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Grenada, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Grenada by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Grenada in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Grenada by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Grenada in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Grenada by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Grenada, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Grenada by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production sucrose in solid form in Grenada

In kind, 2017-2020, t

Top producers of sucrose in solid form, 2017-2020

Source: SHEV.io

World map of production of sucrose in solid form, 2017-2020

Source: SHEV.io

The data reveals irregular changes, indicating a volatile market environment. Production reached its lowest point in 2017, then peaked in 2019 with a 4.6-fold increase between these years. In 2020, Grenada produced 2 507 tonnes of sucrose in solid form, down 9.9% from the previous year. The highest production level was recorded in 2019 at 2 782 tonnes. The largest year-over-year increase occurred in 2018, with production surging by 283.6%.

Annual dynamics of production in Grenada in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	283.6%	19.8%	(9.9%)	60.6%

Source: SHEV.io

Exports sucrose in solid form from Grenada

According to the marketing report data, Grenada did not export any sucrose in solid form from 2017 to 2020.

Imports sucrose in solid form to Grenada

Imports in kind, t

After two consecutive years of decline, imports of sucrose in solid form into Grenada increased. The import volume reached 1 079 tonnes in 2020, representing a 39.9% rise compared to 2019. Over the period from 2017 to 2020, imports decreased by 17.3%, which translates to an annualized decline of 6.1%. The lowest import volume was recorded in 2019 at 771 tonnes. The most significant year-over-year drop occurred in 2018, with imports falling by 35.8%.

Annual dynamics of product's imports to Grenada in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(35.8%)	(7.9%)	39.9%	(6.1%)

Source: SHEV.io

From 2017 to 2020, three main markets—Guatemala, Trinidad and Tobago, and Colombia—accounted for 83.0% of Grenada's total sucrose in solid form imports by volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Grenada in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Following a two-year decline, the value of sucrose in solid form imports into Grenada increased. In 2020, imports totaled 747.7 thousand US dollars, marking a 35.3% year-over-year uptick. Over the 2017-2020 period, import value decreased by 14.2%, with a compound annual growth rate (CAGR) of -5.0%. The lowest value was recorded in 2019 at 552.5 thousand US dollars. The largest year-over-year decline occurred in 2019, with import value dropping by 28.2%.

Annual dynamics of product's imports to Grenada in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(11.7%)	(28.2%)	35.3%	(5.0%)

Source: SHEV.io

From 2017 to 2020, Trinidad and Tobago (26.4% of import value), Guatemala (25.0% of import value), and Colombia (20.5% of import value) were the key sources for Grenada's sucrose in solid form imports by value, together accounting for 71.9% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Grenada in value, 2017-2020

Source: SHEV.io