The import of gas turbine engines to Egypt in 2023 was valued at approximately 198.09 million USD. Forecasted values from 2024 to 2028 show a steady increase, starting at 201.11 million USD in 2024 and reaching 212.96 million USD by 2028. This suggests a consistent annual growth.
Year-on-year variations are as follows:
- 2025: 1.52%
- 2026: 1.47%
- 2027: 1.42%
- 2028: 1.37%
The compound annual growth rate (CAGR) between 2024 and 2028 is 1.45%, indicating a stable and modest growth in imports of gas turbine engines over this period.
Future trends to watch for include technological advancements in gas turbine efficiency, potential shifts in Egypt's energy policy, and impacts from global economic conditions. Monitoring these factors will provide insights into how they may influence future import levels.