Key Market Indicators
Aruban Gas Turbine Export is projected to reach approximately $540,000 by 2028, up from around $410,000 in 2023. This growth represents an average annual increase of 4.4%. Since 2014, the country's gas turbine supply has risen by 1.8% each year. In 2023, Aruba ranked 73rd in gas turbine exports, with Mauritius surpassing it at the same value of $410,000. Leading the global rankings were France, Singapore, and Germany, occupying the second, third, and fourth positions, respectively. On the import side, Aruba's gas turbine imports are expected to climb to roughly $1.04 million by 2028, up from about $910,000 in 2023. This marks an average annual growth rate of 2.1%. Since 2014, the country's demand for gas turbines has increased by 2.6% annually.
