Key Market Indicators
Egypt's gas turbine imports are projected to rise, reaching approximately $213 million by 2028, up from around $198 million in 2023. This marks an average annual growth rate of 1.2%. Since 1999, the country's demand for gas turbines has consistently increased, averaging an annual growth of 1.6%. On the export front, Egypt experienced a significant surge in 2018. Gas turbine exports soared to roughly $109,000, a dramatic increase from just $4,500 in 2017. This represents an astounding 2,330% growth compared to the previous year.
