The export of gas turbine engines from Mexico is forecasted to grow consistently from 2024 to 2028. In 2023, actual exports stood at 3.705 billion US dollars. The year-on-year growth rates for 2024 and 2025 are 3.6% and 3.6%, respectively. The year-on-year growth remains steady with 3.4% from 2025 to 2026 and 3.2% from 2026 to 2027. The period from 2027 to 2028 sees a slightly slower yet stable growth rate of 3%. The compound annual growth rate (CAGR) over the last five years is 3.36%, indicating a healthy and steady upward trend.
Future trends to watch for in the export of gas turbine engines from Mexico include advancements in turbine technology, optimization of supply chains, and potential impacts of global environmental regulations. Keeping a close eye on trade policies and agreements may also provide valuable insights into future export potential and challenges.
