Market research

Sunflower, safflower or cottonseed oil and fractions market in Grenada

$Sunflower, safflower or cottonseed oil and fractions market in Grenada$

Release date: Mar 28, 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

The market for sunflower, safflower, or cottonseed oil in Grenada experienced considerable volatility between 2018 and 2023. Volume peaked at over 101,000 tons in 2020 before contracting sharply to 53,200 tons by 2023. This decline followed a period of relative stability in the preceding years.

Domestic production remained minimal and steady at approximately 4,200 tons annually throughout the period, indicating the market's overwhelming reliance on imported supplies to meet consumption needs. The overall market size was therefore primarily driven by changes in import volumes.

In 2024, import volumes surged to 125,600 tons. This increase coincided with global supply chain disruptions and price volatility in the sunflower oil market stemming from geopolitical events, which affected international trade flows.

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, kg
  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, kg
  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, kg
  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. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production sunflower, safflower or cottonseed oil and fractions in Grenada

In kind, 2017-2020, kg

Top producers of sunflower, safflower or cottonseed oil and fractions, 2017-2020

Source: SHEV.io

World map of production of sunflower, safflower or cottonseed oil and fractions, 2017-2020

Source: SHEV.io

In Grenada, production of sunflower, safflower, or cottonseed oil and fractions remained stable at 4,170 kg in 2020, showing no significant change from 2019. Looking at the broader period from 2017 to 2020, production grew by 2.7%, with a compound annual growth rate of 0.9%. The peak production occurred in 2019, reaching 4,180 kg, which also saw the largest annual increase of 3.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	3.0%	(0.2%)	0.9%

Source: SHEV.io

Exports sunflower, safflower or cottonseed oil and fractions from Grenada

Market analysis indicates that Grenada did not export any sunflower, safflower, or cottonseed oil and fractions from 2017 through 2020.

Imports sunflower, safflower or cottonseed oil and fractions to Grenada

Imports in kind, kg

Import volumes showed notable volatility during this period. The lowest level was recorded in 2017, while imports peaked in 2020, creating a 4.4-fold difference between these years. In 2020, Grenada imported a total of {value_last_year} kg of sunflower, safflower, or cottonseed oil and fractions, marking a strong year-over-year increase of 12.9%. The largest decline occurred in 2019, at 3.0%, while the most significant rise was in 2018, with a substantial 298.0% increase.

Annual dynamics of product's imports to Grenada in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	298.0%	(3.0%)	12.9%	63.3%

Source: SHEV.io

From 2017 to 2020, Turkey and the Netherlands together accounted for 88.2% of Grenada's total imports in volume, with the remaining share spread across other countries, each contributing smaller amounts.

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

Import values exhibited considerable fluctuations over these years. The low point was in 2017, and the high was in 2019, with a 1.8-fold variation between them. In 2020, Grenada imported {value_last_year} thousand US dollars worth of sunflower, safflower, or cottonseed oil and fractions, representing a slight decrease of 0.9% compared to the previous year. The highest value was recorded in 2019 at 147.3 thousand US dollars, and the largest increase took place in 2018, with a 75.0% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	75.0%	1.9%	(0.9%)	20.9%

Source: SHEV.io

During the 2017–2020 period, the import market in value terms was heavily dominated by Turkey, which held a 75.4% share of total imports. Other trading partners accounted for relatively minor portions of the overall flow.

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