Key Market Indicators
Malawi's gas turbine import market is projected to hit approximately $303,000 by 2028, up from around $254,000 in 2023. This represents an average annual growth rate of 2.8%. The country's demand for gas turbines has been on a steady rise, with an annual increase of 4.4% since 1995. On the export front, Malawi saw a dramatic surge in its gas turbine exports, which soared to $1,570 in 2017 from a mere $50 in 2016. This represents an astonishing 3,030% increase compared to 2016. Since 1995, Malawi's gas turbine supply has consistently grown by 16.8% each year.
