| Product Code: ETC5696700 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Maldives continued to rely on small-scale LNG import shipments, with top exporters being India, Malaysia, China, Singapore, and Thailand. The industry exhibited a high concentration level, with the Herfindahl-Hirschman Index (HHI) remaining significantly high. However, the sector experienced a notable decline, with a Compound Annual Growth Rate (CAGR) of -29.64% from 2020 to 2024. The growth rate further plummeted in 2024, with a sharp decrease of -55.48% compared to the previous year. This indicates a challenging market landscape for LNG imports in Maldives, with potential implications for future trade dynamics.

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 Maldives Small-Scale LNG Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Small-Scale LNG Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Small-Scale LNG Market - Industry Life Cycle |
3.4 Maldives Small-Scale LNG Market - Porter's Five Forces |
3.5 Maldives Small-Scale LNG Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Small-Scale LNG Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Small-Scale LNG Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cleaner energy sources in the Maldives |
4.2.2 Government incentives and policies promoting the use of LNG |
4.2.3 Growing tourism industry leading to higher energy consumption |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up small-scale LNG infrastructure |
4.3.2 Lack of skilled workforce for operating and maintaining LNG facilities |
4.3.3 Limited availability of LNG supply in the Maldives |
5 Maldives Small-Scale LNG Market Trends |
6 Maldives Small-Scale LNG Market Segmentations |
6.1 Maldives Small-Scale LNG Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Small-Scale LNG Market Revenues & Volume, By Liquefaction, 2021-2031F |
6.1.3 Maldives Small-Scale LNG Market Revenues & Volume, By Regasification, 2021-2031F |
6.2 Maldives Small-Scale LNG Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Small-Scale LNG Market Revenues & Volume, By Heavy-Duty Vehicles, 2021-2031F |
6.2.3 Maldives Small-Scale LNG Market Revenues & Volume, By Industrial & Power, 2021-2031F |
6.2.4 Maldives Small-Scale LNG Market Revenues & Volume, By Marine Transport, 2021-2031F |
7 Maldives Small-Scale LNG Market Import-Export Trade Statistics |
7.1 Maldives Small-Scale LNG Market Export to Major Countries |
7.2 Maldives Small-Scale LNG Market Imports from Major Countries |
8 Maldives Small-Scale LNG Market Key Performance Indicators |
8.1 Number of new LNG infrastructure projects initiated |
8.2 Percentage increase in LNG consumption in the Maldives |
8.3 Rate of adoption of LNG technologies in various industries |
9 Maldives Small-Scale LNG Market - Opportunity Assessment |
9.1 Maldives Small-Scale LNG Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Small-Scale LNG Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Small-Scale LNG Market - Competitive Landscape |
10.1 Maldives Small-Scale LNG Market Revenue Share, By Companies, 2024 |
10.2 Maldives Small-Scale LNG Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |