| Product Code: ETC5313057 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | 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 refined petroleum products in 2024 saw a notable increase in concentration, with the top exporting countries being Antigua and Barbuda, Areas, nes, Saint Lucia, United States Virgin Islands, and the United States of America. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 8.27%, with a significant growth rate of 23.0% from 2023 to 2024. This data suggests a growing reliance on these key exporting countries for the supply of refined petroleum products to meet Suriname energy needs.

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 Refined Petroleum Products Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Refined Petroleum Products Market Revenues & Volume, 2022 & 2032F |
3.3 Suriname Refined Petroleum Products Market - Industry Life Cycle |
3.4 Suriname Refined Petroleum Products Market - Porter's Five Forces |
3.5 Suriname Refined Petroleum Products Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Suriname Refined Petroleum Products Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Suriname Refined Petroleum Products Market Revenues & Volume Share, By Fraction, 2022 & 2032F |
4 Suriname Refined Petroleum Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for petroleum products in Suriname due to economic development and increasing population |
4.2.2 Expansion of transportation and infrastructure projects in Suriname |
4.2.3 Technological advancements leading to increased efficiency in refining processes |
4.3 Market Restraints |
4.3.1 Fluctuating global oil prices impacting the cost of refined petroleum products |
4.3.2 Environmental regulations and sustainability concerns affecting the production and consumption of petroleum products in Suriname |
4.3.3 Competition from alternative energy sources such as renewable energy impacting the market for refined petroleum products |
5 Suriname Refined Petroleum Products Market Trends |
6 Suriname Refined Petroleum Products Market Segmentations |
6.1 Suriname Refined Petroleum Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Refined Petroleum Products Market Revenues & Volume, By Diesel, 2022 - 2032F |
6.1.3 Suriname Refined Petroleum Products Market Revenues & Volume, By Gasoline, 2022 - 2032F |
6.1.4 Suriname Refined Petroleum Products Market Revenues & Volume, By Fuel Oils, 2022 - 2032F |
6.1.5 Suriname Refined Petroleum Products Market Revenues & Volume, By Kerosene, 2022 - 2032F |
6.1.6 Suriname Refined Petroleum Products Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 Suriname Refined Petroleum Products Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Suriname Refined Petroleum Products Market Revenues & Volume, By Fuel, 2022 - 2032F |
6.2.3 Suriname Refined Petroleum Products Market Revenues & Volume, By Chemical, 2022 - 2032F |
6.2.4 Suriname Refined Petroleum Products Market Revenues & Volume, By Others, 2022 - 2032F |
6.3 Suriname Refined Petroleum Products Market, By Fraction |
6.3.1 Overview and Analysis |
6.3.2 Suriname Refined Petroleum Products Market Revenues & Volume, By Light Distillates, 2022 - 2032F |
6.3.3 Suriname Refined Petroleum Products Market Revenues & Volume, By Middle Distillates, 2022 - 2032F |
6.3.4 Suriname Refined Petroleum Products Market Revenues & Volume, By Heavy Oils, 2022 - 2032F |
7 Suriname Refined Petroleum Products Market Import-Export Trade Statistics |
7.1 Suriname Refined Petroleum Products Market Export to Major Countries |
7.2 Suriname Refined Petroleum Products Market Imports from Major Countries |
8 Suriname Refined Petroleum Products Market Key Performance Indicators |
8.1 Average refinery utilization rate in Suriname |
8.2 Investment in research and development for new refining technologies |
8.3 Percentage of government subsidies or incentives supporting the petroleum industry in Suriname |
9 Suriname Refined Petroleum Products Market - Opportunity Assessment |
9.1 Suriname Refined Petroleum Products Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Suriname Refined Petroleum Products Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Suriname Refined Petroleum Products Market Opportunity Assessment, By Fraction, 2022 & 2032F |
10 Suriname Refined Petroleum Products Market - Competitive Landscape |
10.1 Suriname Refined Petroleum Products Market Revenue Share, By Companies, 2025 |
10.2 Suriname Refined Petroleum Products 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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