Key Market Indicators
Honduran gas turbine imports are projected to rise to approximately $4.8 million by 2028, up from around $4 million in 2023. This represents an average annual growth rate of 2.7%. Notably, since 1999, the demand for gas turbines in Honduras has surged by an average of 4.2% each year. On the export front, Honduras recorded gas turbine exports of nearly $9,000 in 2017, a significant drop from the $17,000 reported in 2016. This marks a steep decline of 48% compared to the previous year. Despite this recent downturn, the country's gas turbine supply has seen a robust average annual increase of 41% since 2002.
