Key Market Indicators
Gas turbine imports to Benin are set to grow significantly over the next five years. By 2026, the figure is projected to reach $12 million, representing a compound annual growth rate of 3.8% since 2021. Since 2003, Benin's demand for gas turbines has soared, increasing by 642%. In 2021, the country ranked 83rd in the world for gas turbine imports, with Botswana just ahead with $9.6 million. The United Kingdom, France, and Singapore ranked second, third, and fourth respectively. In 2018, Benin ranked 43rd in the world for gas turbine imports, with South Africa leading the way with $35.8 million. France, Singapore, and Germany followed in second, third, and fourth place.
