| Product Code: ETC9505671 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Suriname automobile import market in 2024 was dominated by shipments from Japan, Dem. People`s Rep. of Korea, USA, Netherlands, and French Guiana. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a compound annual growth rate (CAGR) of -27.15% from 2020 to 2024. The growth rate from 2023 to 2024 also saw a decrease of -22.57%, highlighting challenges in the sector. This data suggests a complex landscape for automobile imports in Suriname, with potential implications for market players and policymakers.

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 Suriname Automobile Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Automobile Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Automobile Market - Industry Life Cycle |
3.4 Suriname Automobile Market - Porter's Five Forces |
3.5 Suriname Automobile Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Suriname Automobile Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Suriname Automobile Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Suriname Automobile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income levels in Suriname |
4.2.2 Increasing urbanization leading to higher demand for personal transportation |
4.2.3 Government initiatives promoting the automotive industry in Suriname |
4.3 Market Restraints |
4.3.1 High import taxes and duties on automobiles |
4.3.2 Limited availability of financing options for vehicle purchases |
4.3.3 Infrastructure challenges impacting the growth of the automobile market in Suriname |
5 Suriname Automobile Market Trends |
6 Suriname Automobile Market, By Types |
6.1 Suriname Automobile Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Automobile Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Suriname Automobile Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 Suriname Automobile Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.1.5 Suriname Automobile Market Revenues & Volume, By Two-wheelers, 2021- 2031F |
6.1.6 Suriname Automobile Market Revenues & Volume, By Three-wheelers, 2021- 2031F |
6.2 Suriname Automobile Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Suriname Automobile Market Revenues & Volume, By Internal Combustion Engine, 2021- 2031F |
6.2.3 Suriname Automobile Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.3 Suriname Automobile Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Suriname Automobile Market Revenues & Volume, By New Vehicles, 2021- 2031F |
6.3.3 Suriname Automobile Market Revenues & Volume, By Used Vehicles, 2021- 2031F |
7 Suriname Automobile Market Import-Export Trade Statistics |
7.1 Suriname Automobile Market Export to Major Countries |
7.2 Suriname Automobile Market Imports from Major Countries |
8 Suriname Automobile Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Suriname |
8.2 Number of new car registrations per year |
8.3 Percentage of households owning at least one vehicle |
9 Suriname Automobile Market - Opportunity Assessment |
9.1 Suriname Automobile Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Suriname Automobile Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Suriname Automobile Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Suriname Automobile Market - Competitive Landscape |
10.1 Suriname Automobile Market Revenue Share, By Companies, 2024 |
10.2 Suriname Automobile 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.
To discover high-growth global markets and optimize your business strategy:
Click Here