| Product Code: ETC5405093 | 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 |
Suriname automotive import market in 2024 continued to be dominated by key players such as the United States of America, China, and the Netherlands. The Herfindahl-Hirschman Index (HHI) indicated a significant increase in market concentration from 2023 to 2024, highlighting a competitive landscape. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 9.06%. The high concentration of imports from top countries suggests a need for strategic market diversification and potentially exploring new trade partnerships to mitigate risks and drive sustainable growth in the automotive import sector in Suriname.
By 2027, the Automotive market in Suriname is anticipated to reach a growth rate of 3.62%, as part of an increasingly competitive Latin America region, where Brazil remains at the forefront, supported by Mexico, Argentina, Colombia and Chile, driving innovations and market adoption across sectors.

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 Automotive Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Automotive Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Automotive Market - Industry Life Cycle |
3.4 Suriname Automotive Market - Porter's Five Forces |
3.5 Suriname Automotive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Suriname Automotive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Suriname |
4.2.2 Growing urbanization leading to higher demand for personal transportation |
4.2.3 Government initiatives to improve infrastructure and promote the automotive industry |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on automotive vehicles |
4.3.2 Limited availability of financing options for purchasing vehicles in Suriname |
4.3.3 Economic instability affecting consumer purchasing power |
5 Suriname Automotive Market Trends |
6 Suriname Automotive Market Segmentations |
6.1 Suriname Automotive Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Automotive Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Suriname Automotive Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
6.1.4 Suriname Automotive Market Revenues & Volume, By Plug-In Hybrid Electric, 2021-2031F |
6.1.5 Suriname Automotive Market Revenues & Volume, By Mild Hybrid, 2021-2031F |
6.1.6 Suriname Automotive Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.7 Suriname Automotive Market Revenues & Volume, By Fuel Cell Electric, 2021-2031F |
6.1.9 Suriname Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
6.1.10 Suriname Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
7 Suriname Automotive Market Import-Export Trade Statistics |
7.1 Suriname Automotive Market Export to Major Countries |
7.2 Suriname Automotive Market Imports from Major Countries |
8 Suriname Automotive Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Suriname |
8.2 Number of new car registrations in Suriname |
8.3 Average annual mileage driven per vehicle in Suriname |
9 Suriname Automotive Market - Opportunity Assessment |
9.1 Suriname Automotive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Suriname Automotive Market - Competitive Landscape |
10.1 Suriname Automotive Market Revenue Share, By Companies, 2024 |
10.2 Suriname Automotive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |