Key Market Indicators
Dominican Republic's gas turbine exports are projected to climb to approximately $1.75 million by 2028, up from around $1.47 million in 2023. This marks an average annual growth rate of 2.7%. Since 2013, the nation's gas turbine supply has increased at an average rate of 4.2% per year. On the import front, the Dominican Republic is expected to see its gas turbine imports reach about $27.75 million by 2028, rising from roughly $24.38 million in 2023. This translates to an average annual growth rate of 2%. Since 2006, the demand for gas turbines in the country has grown at an average rate of 3% annually.