Forecast: Import of Gas Turbine Engine to Sweden

In 2023, the import of gas turbine engines to Sweden stood at 523.60 million USD. In the forecasted period, imports are projected to decline gradually each year. Specifically, the values are as follows: 521.74 million USD in 2024, 519.84 million USD in 2025, 517.98 million USD in 2026, 516.15 million USD in 2027, and 514.36 million USD in 2028.

Year-on-year variations indicate a slight downward trend:

  • From 2023 to 2024: -0.36%
  • From 2024 to 2025: -0.36%
  • From 2025 to 2026: -0.36%
  • From 2026 to 2027: -0.35%
  • From 2027 to 2028: -0.35%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 shows an average decline of approximately -0.36% per year.

Future trends to watch for include advancements in renewable energy, which could further reduce the demand for gas turbine engines. Additionally, economic fluctuations and regulatory changes regarding emissions could significantly impact import volumes. Keeping an eye on technological innovations and geopolitical factors will also be essential.

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