Key Market Indicators
Nepalese gas turbine imports are expected to reach an estimated $1.6 million by 2026. In 2021, imports were valued at $1.2 million, representing a year-on-year growth of 4.5%. Since 2014, demand has grown at an average rate of 22% per year. Nepal ranked 100th in the global ranking of countries importing gas turbines in 2021. Armenia was the largest importer with imports worth $1.2 million. The United Kingdom, France and Singapore followed as the next largest importers.
