Key Market Indicators
Pakistan's gas turbine imports are projected to hit approximately $405 million by 2028, up from around $350 million in 2023. This marks an average annual growth rate of 2.3%. Since 2008, the country's demand for gas turbines has surged by an average of 10% per year. On the export front, Pakistan's gas turbine sales are expected to reach roughly $66 million by 2028, compared to about $53 million in 2023. This represents an average yearly growth rate of 3.2%. Since 2008, Pakistan's gas turbine exports have grown by an average of 5.9% annually. In 2023, Pakistan ranked 40th in the global market for gas turbine exports, with Morocco narrowly ahead, also at $53 million. Leading the rankings were France, Singapore, and Germany, occupying the second, third, and fourth positions, respectively.
