| Product Code: ETC5766967 | 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 import shipments of instrument transformers in 2024 were predominantly sourced from the Netherlands, USA, China, Italy, and Brazil. The market exhibited a shift in concentration levels, with a high Herfindahl-Hirschman Index (HHI) in 2023 becoming even higher in 2024. Despite a notable compound annual growth rate (CAGR) of 24.94% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -65.95%. This suggests a potential slowdown in the import market for instrument transformers in Suriname, warranting further analysis and strategic adjustments for stakeholders.

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 Instrument Transformers Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Instrument Transformers Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Instrument Transformers Market - Industry Life Cycle |
3.4 Suriname Instrument Transformers Market - Porter's Five Forces |
3.5 Suriname Instrument Transformers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Suriname Instrument Transformers Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Suriname Instrument Transformers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Suriname Instrument Transformers Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Suriname Instrument Transformers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity transmission and distribution infrastructure in Suriname |
4.2.2 Growing focus on renewable energy sources leading to investments in the power sector |
4.2.3 Technological advancements in instrument transformers improving efficiency and reliability |
4.3 Market Restraints |
4.3.1 High initial investment costs for installing instrument transformers |
4.3.2 Limited availability of skilled workforce for maintenance and operation of instrument transformers |
4.3.3 Regulatory challenges and compliance requirements affecting market growth |
5 Suriname Instrument Transformers Market Trends |
6 Suriname Instrument Transformers Market Segmentations |
6.1 Suriname Instrument Transformers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Instrument Transformers Market Revenues & Volume, By Current Transformers, 2021-2031F |
6.1.3 Suriname Instrument Transformers Market Revenues & Volume, By Potential Transformers, 2021-2031F |
6.1.4 Suriname Instrument Transformers Market Revenues & Volume, By Combined Instrument Transformers, 2021-2031F |
6.2 Suriname Instrument Transformers Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Suriname Instrument Transformers Market Revenues & Volume, By Distribution Voltage, 2021-2031F |
6.2.3 Suriname Instrument Transformers Market Revenues & Volume, By Sub-Transmission Voltage, 2021-2031F |
6.2.4 Suriname Instrument Transformers Market Revenues & Volume, By High Voltage Transmission , 2021-2031F |
6.2.5 Suriname Instrument Transformers Market Revenues & Volume, By Extra High Voltage Transmission, 2021-2031F |
6.2.6 Suriname Instrument Transformers Market Revenues & Volume, By Ultra-High Voltage Transmission, 2021-2031F |
6.3 Suriname Instrument Transformers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Suriname Instrument Transformers Market Revenues & Volume, By Transformer and Circuit Breaker Bushing, 2021-2031F |
6.3.3 Suriname Instrument Transformers Market Revenues & Volume, By Switchgear Assemblies, 2021-2031F |
6.3.4 Suriname Instrument Transformers Market Revenues & Volume, By Relaying, 2021-2031F |
6.3.5 Suriname Instrument Transformers Market Revenues & Volume, By Metering and Protection, 2021-2031F |
6.4 Suriname Instrument Transformers Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Suriname Instrument Transformers Market Revenues & Volume, By Power Utilities, 2021-2031F |
6.4.3 Suriname Instrument Transformers Market Revenues & Volume, By Power Generation, 2021-2031F |
6.4.4 Suriname Instrument Transformers Market Revenues & Volume, By Railways and Metros, 2021-2031F |
6.4.5 Suriname Instrument Transformers Market Revenues & Volume, By Industries and OEMs, 2021-2031F |
7 Suriname Instrument Transformers Market Import-Export Trade Statistics |
7.1 Suriname Instrument Transformers Market Export to Major Countries |
7.2 Suriname Instrument Transformers Market Imports from Major Countries |
8 Suriname Instrument Transformers Market Key Performance Indicators |
8.1 Average age of instrument transformer installations in Suriname |
8.2 Percentage of renewable energy sources in the national energy mix |
8.3 Number of power infrastructure projects in Suriname using instrument transformers |
9 Suriname Instrument Transformers Market - Opportunity Assessment |
9.1 Suriname Instrument Transformers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Suriname Instrument Transformers Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Suriname Instrument Transformers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Suriname Instrument Transformers Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Suriname Instrument Transformers Market - Competitive Landscape |
10.1 Suriname Instrument Transformers Market Revenue Share, By Companies, 2024 |
10.2 Suriname Instrument Transformers 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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