Key Market Indicators
Brunei's gas turbine imports are projected to climb to approximately $53 million by 2028, up from nearly $49 million in 2023. This represents an average annual growth rate of 1.3%. Historical data since 1997 reveals a significant annual increase in demand, averaging 19.3%. Conversely, Brunei's gas turbine exports are expected to decline to about $4.2 million by 2028, down from roughly $5.1 million in 2023. This marks an average annual decrease of 3%. Since 2002, Bruneian supply has diminished by an average of 1.1% per year. In 2023, Brunei ranked 59th in gas turbine exports, trailing the Philippines, which recorded exports worth approximately $5.1 million. Leading the global rankings were France, Singapore, and Germany, occupying the 2nd, 3rd, and 4th positions, respectively.
