Key Market Indicators
Cabo Verde's gas turbine imports witnessed a significant downturn in 2023, plummeting to approximately $34,500. This marks a sharp decline of nearly 42% from the previous year's figure of roughly $59,400. The trend of decreasing demand is not new for this island nation. Since 2002, Cabo Verde has experienced a consistent annual reduction in gas turbine imports, averaging about 25% each year.
