Key Market Indicators
The import of gas turbines in Guyana is projected to hit approximately $920,000 by 2028, up from around $800,000 in 2023. This growth represents a 2.1% compound annual growth rate (CAGR). Guyana's demand for gas turbines has seen a significant rise since 1997, with an average annual increase of 9.8%. On the export front, Guyana's gas turbine exports remained stagnant at $1,000 in both 2015 and 2016, showing no year-on-year change. However, the supply of gas turbines from Guyana has seen a dramatic decline since 2006, plummeting by 50.7% annually.
