The Uruguayan striker has scored 25 goals in all competitions so far this campaign and Rodgers feels his performances have been good enough to be recognised ahead of the likes of Tottenham's Gareth Bale and Manchester United's Robin van Persie.
"I couldn't look much further than Luis Suarez. He has been phenomenal - that is not just an opinion as his manager," said Rodgers.
"If I look across the board this is a guy who had to play alone up front because he was the only striker we had for nearly six months and never missed a day's training and played every minute of every game.
"His performances have spoken for themselves. There's many great players in this league but for me he has been absolutely outstanding."
Rodgers added: "I just hope he wins because I think he deserves it after everything he has done this season.
"I think it's going to be between Luis, van Persie and Bale. All three have performed really well and have scored a lot of goals, but we hope Luis has got the luck to win it."