Key Market Indicators
Tanzania's gas turbine imports are projected to reach approximately $179 million by 2028, up from around $143 million in 2023. This marks an average annual growth rate of 3.5%. Since the year 2000, the country's demand for gas turbines has been increasing at an average rate of 3.7% per year. In stark contrast, Tanzania's gas turbine exports have taken a significant hit. In 2018, the country's gas turbine exports plummeted to a mere $4, down from $8,000 in 2017, representing a 100% decline compared to the previous year. Since 2006, the supply of Tanzanian gas turbines has decreased by an average of 94% annually.
