Key Market Indicators
Bangladesh's gas turbine export is projected to hit approximately $56 million by 2028, up from around $45 million in 2023. This represents an average annual growth rate of 3.5%. Since 1996, the country's supply of gas turbines has surged by an average of 5.8% per year. On the import side, Bangladesh is expected to see its gas turbine imports rise to roughly $171 million by 2028, compared to about $147 million in 2023. This marks an average annual growth rate of 2.4%. Since 1994, the nation's demand for gas turbines has increased by an average of 3.6% annually.