| Product Code: ETC10175849 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Suriname import of precision guided artillery ammunition in 2024 was dominated by top exporters such as the United States of America, France, and Italy. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was negative at -9.56%. There was a significant decline in growth rate from 2023 to 2024, dropping by -79.07%. This data suggests a challenging market environment for precision guided artillery ammunition imports in Suriname, with potential implications for future trends in the industry.

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 Precision Guided Artillery Ammunition Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Precision Guided Artillery Ammunition Market - Industry Life Cycle |
3.4 Suriname Precision Guided Artillery Ammunition Market - Porter's Five Forces |
3.5 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume Share, By Ammunition Type, 2021 & 2031F |
3.6 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume Share, By Guidance System Type, 2021 & 2031F |
3.7 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume Share, By End-Use Application, 2021 & 2031F |
4 Suriname Precision Guided Artillery Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on enhancing military capabilities and modernizing defense systems in Suriname |
4.2.2 Rising geopolitical tensions and security threats in the region |
4.2.3 Technological advancements in precision guided artillery ammunition systems |
4.3 Market Restraints |
4.3.1 Budget constraints and limited defense expenditure by the Surinamese government |
4.3.2 Dependence on imports for advanced precision guided ammunition technology |
4.3.3 Lack of skilled workforce and infrastructure for the development and production of precision guided artillery ammunition in Suriname |
5 Suriname Precision Guided Artillery Ammunition Market Trends |
6 Suriname Precision Guided Artillery Ammunition Market, By Types |
6.1 Suriname Precision Guided Artillery Ammunition Market, By Ammunition Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Ammunition Type, 2021 - 2031F |
6.1.3 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Smart Ammunition, 2021 - 2031F |
6.1.4 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Extended Range Ammunition, 2021 - 2031F |
6.1.5 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Guided Mortar Ammunition, 2021 - 2031F |
6.1.6 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Precision Shells, 2021 - 2031F |
6.2 Suriname Precision Guided Artillery Ammunition Market, By Guidance System Type |
6.2.1 Overview and Analysis |
6.2.2 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By GPS Guidance, 2021 - 2031F |
6.2.3 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Laser Guidance, 2021 - 2031F |
6.2.4 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Inertial Navigation, 2021 - 2031F |
6.2.5 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Electro-optical Guidance, 2021 - 2031F |
6.3 Suriname Precision Guided Artillery Ammunition Market, By End-Use Application |
6.3.1 Overview and Analysis |
6.3.2 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Military, 2021 - 2031F |
6.3.3 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Defense Forces, 2021 - 2031F |
6.3.4 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Homeland Security, 2021 - 2031F |
6.3.5 Suriname Precision Guided Artillery Ammunition Market Revenues & Volume, By Naval Applications, 2021 - 2031F |
7 Suriname Precision Guided Artillery Ammunition Market Import-Export Trade Statistics |
7.1 Suriname Precision Guided Artillery Ammunition Market Export to Major Countries |
7.2 Suriname Precision Guided Artillery Ammunition Market Imports from Major Countries |
8 Suriname Precision Guided Artillery Ammunition Market Key Performance Indicators |
8.1 Research and development investment in precision guided artillery technology |
8.2 Number of strategic partnerships and collaborations with international defense technology companies |
8.3 Rate of adoption of precision guided artillery ammunition systems by Suriname's armed forces |
9 Suriname Precision Guided Artillery Ammunition Market - Opportunity Assessment |
9.1 Suriname Precision Guided Artillery Ammunition Market Opportunity Assessment, By Ammunition Type, 2021 & 2031F |
9.2 Suriname Precision Guided Artillery Ammunition Market Opportunity Assessment, By Guidance System Type, 2021 & 2031F |
9.3 Suriname Precision Guided Artillery Ammunition Market Opportunity Assessment, By End-Use Application, 2021 & 2031F |
10 Suriname Precision Guided Artillery Ammunition Market - Competitive Landscape |
10.1 Suriname Precision Guided Artillery Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Suriname Precision Guided Artillery Ammunition 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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