Key Market Indicators
Cameroon's Gas Turbine market is forecast to exceed $13 million by 2026. Demand for gas turbines in Cameroon is on the rise, with imports set to reach $11 million by 2026. This is up from $8.8 million in 2021, an average increase of 3.6% year-on-year (YoY). Since 2000, demand has risen by 24.7% YoY. In 2021, Cameroon was ranked 85th, overtaken by Iceland at $8.8 million. The UK, France and Singapore followed at 2nd, 3rd and 4th in the rankings. Supply of gas turbines in Cameroon is also expected to grow, with exports set to reach $2.6 million by 2026. This is up from $2 million in 2021, an average increase of 4.1% YoY. Since 2000, supply has increased by 108.5% YoY. In 2021, Cameroon was ranked 72nd, overtaken by Armenia at $2 million. France, Singapore and Germany followed at 2nd, 3rd and 4th in the rankings. Overall, the Cameroonian Gas Turbine market is forecast to exceed $13 million by 2026.
