The import of gas turbine engines with a power not exceeding 5000 kW to China is forecasted to grow consistently from 91.64 thousand kilograms in 2024 to 99.11 thousand kilograms in 2028. In comparison to 2023, the import stood at 90.05 thousand kilograms, indicating a steady growth trend.
- Year-on-year growth from 2024 to 2025 is forecasted at 2.10%.
- From 2025 to 2026, a growth of 2.02% is anticipated.
- The import is expected to rise by 1.94% from 2026 to 2027.
- From 2027 to 2028, growth will likely be 1.86%.
- The compounded annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 1.96%.
Future trends to watch for include advancements in technology and policy shifts towards greener energy solutions accommodating the evolving energy structure. Potential geopolitical tensions and fluctuations in global supply chains could also impact future import levels.
