| Product Code: ETC5597259 | 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 LED lighting import market continued its rapid growth in 2024, with top exporting countries being the Netherlands, China, USA, India, and Hong Kong. The market concentration reached very high levels, indicating strong dominance by key players. The impressive CAGR of 31.93% from 2020 to 2024 reflects the increasing demand for LED lighting in Suriname. The exceptional growth rate of 386.31% from 2023 to 2024 underscores the market`s dynamic expansion and potential opportunities for both domestic and international suppliers.

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 LED Lighting Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname LED Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname LED Lighting Market - Industry Life Cycle |
3.4 Suriname LED Lighting Market - Porter's Five Forces |
3.5 Suriname LED Lighting Market Revenues & Volume Share, By Installation , 2021 & 2031F |
3.6 Suriname LED Lighting Market Revenues & Volume Share, By Product Type , 2021 & 2031F |
3.7 Suriname LED Lighting Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F |
3.8 Suriname LED Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Suriname LED Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of energy-efficient lighting solutions in Suriname |
4.2.2 Government initiatives promoting the use of LED lighting for energy conservation |
4.2.3 Growing demand for smart lighting solutions in commercial and residential sectors |
4.3 Market Restraints |
4.3.1 High initial costs associated with LED lighting products |
4.3.2 Limited availability of skilled professionals for installation and maintenance of LED lighting systems |
4.3.3 Lack of consumer awareness about the long-term cost benefits of LED lighting |
5 Suriname LED Lighting Market Trends |
6 Suriname LED Lighting Market Segmentations |
6.1 Suriname LED Lighting Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Suriname LED Lighting Market Revenues & Volume, By New, 2021-2031F |
6.1.3 Suriname LED Lighting Market Revenues & Volume, By Retrofit, 2021-2031F |
6.2 Suriname LED Lighting Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Suriname LED Lighting Market Revenues & Volume, By Lamps, 2021-2031F |
6.2.3 Suriname LED Lighting Market Revenues & Volume, By Luminaires, 2021-2031F |
6.3 Suriname LED Lighting Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Suriname LED Lighting Market Revenues & Volume, By Retail/Wholesale, 2021-2031F |
6.3.3 Suriname LED Lighting Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.3.4 Suriname LED Lighting Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.4 Suriname LED Lighting Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Suriname LED Lighting Market Revenues & Volume, By Indoor, 2021-2031F |
6.4.3 Suriname LED Lighting Market Revenues & Volume, By Outdoor, 2021-2031F |
7 Suriname LED Lighting Market Import-Export Trade Statistics |
7.1 Suriname LED Lighting Market Export to Major Countries |
7.2 Suriname LED Lighting Market Imports from Major Countries |
8 Suriname LED Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through the adoption of LED lighting solutions |
8.2 Percentage increase in the number of LED lighting installations in Suriname |
8.3 Adoption rate of smart lighting systems in commercial and residential buildings |
9 Suriname LED Lighting Market - Opportunity Assessment |
9.1 Suriname LED Lighting Market Opportunity Assessment, By Installation , 2021 & 2031F |
9.2 Suriname LED Lighting Market Opportunity Assessment, By Product Type , 2021 & 2031F |
9.3 Suriname LED Lighting Market Opportunity Assessment, By Sales Channel , 2021 & 2031F |
9.4 Suriname LED Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Suriname LED Lighting Market - Competitive Landscape |
10.1 Suriname LED Lighting Market Revenue Share, By Companies, 2024 |
10.2 Suriname LED Lighting 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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