| Product Code: ETC9511079 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Suriname engine oil import market in 2024 saw a high concentration with top exporters being the United States, Jamaica, UAE, Netherlands, and Trinidad and Tobago. The HHI remained significantly high, indicating a market dominated by a few key players. Despite a healthy compound annual growth rate (CAGR) of 3.31% from 2020 to 2024, there was a decline in the growth rate from 2023 to 2024 by -10.87%. This suggests a slight setback in the import market for engine oil in Suriname, highlighting potential challenges or shifts in the industry landscape.

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 Engine Oil Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Engine Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Engine Oil Market - Industry Life Cycle |
3.4 Suriname Engine Oil Market - Porter's Five Forces |
3.5 Suriname Engine Oil Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Suriname Engine Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle sales in Suriname |
4.2.2 Growing awareness about the importance of regular engine oil maintenance |
4.2.3 Expansion of distribution channels for engine oil products |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices affecting the cost of producing engine oil |
4.3.2 Competition from substitute products such as synthetic oils |
4.3.3 Environmental regulations impacting the production and usage of engine oil |
5 Suriname Engine Oil Market Trends |
6 Suriname Engine Oil Market, By Types |
6.1 Suriname Engine Oil Market, By End user |
6.1.1 Overview and Analysis |
6.1.2 Suriname Engine Oil Market Revenues & Volume, By End user, 2021- 2031F |
6.1.3 Suriname Engine Oil Market Revenues & Volume, By power Generation, 2021- 2031F |
6.1.4 Suriname Engine Oil Market Revenues & Volume, By Automotive and Other Transportation, 2021- 2031F |
6.1.5 Suriname Engine Oil Market Revenues & Volume, By Heavy Equipment, 2021- 2031F |
6.1.6 Suriname Engine Oil Market Revenues & Volume, By Metallurgy and Metalworking, 2021- 2031F |
6.1.7 Suriname Engine Oil Market Revenues & Volume, By Chemical Manufacturing, 2021- 2031F |
6.1.8 Suriname Engine Oil Market Revenues & Volume, By Other End-User Industries, 2021- 2031F |
7 Suriname Engine Oil Market Import-Export Trade Statistics |
7.1 Suriname Engine Oil Market Export to Major Countries |
7.2 Suriname Engine Oil Market Imports from Major Countries |
8 Suriname Engine Oil Market Key Performance Indicators |
8.1 Average age of vehicles in Suriname |
8.2 Frequency of engine oil changes per vehicle |
8.3 Adoption rate of engine oil recycling programs |
8.4 Number of workshops offering engine oil change services |
8.5 Percentage of engine oil products meeting environmental standards |
9 Suriname Engine Oil Market - Opportunity Assessment |
9.1 Suriname Engine Oil Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Suriname Engine Oil Market - Competitive Landscape |
10.1 Suriname Engine Oil Market Revenue Share, By Companies, 2024 |
10.2 Suriname Engine Oil 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.
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