In 2023, the UK imported gas turbine engines of a power not exceeding 5000 kW valued at $394.50 million. From 2024 to 2028, there is a consistent upward trend in imports, with forecasted values steadily increasing each year. The year-on-year growth is positive, indicating a rising demand or need for such engines in the UK market. Specifically, there is an expected growth rate of approximately 2.9% annually over the five-year period (CAGR).

Looking forward, several trends could influence these forecasts:

The transition towards greener energy solutions may drive demand for more efficient gas turbine technologies.
Economic factors, such as currency fluctuations and trade policies, could impact import volumes and values.
Technological advancements in alternative energy sources could alter market dynamics and future import needs.