The United Kingdom leads in the export of gas turbine engines exceeding 5000 kW, with Colombia and Bolivia showing notable increases in 2023, each over 300%. While the USA and Mexico saw slight declines, they remain significant players. In contrast, minimal values were recorded for China, Brazil, and Zimbabwe. The 2023 year-on-year percentage variations highlight growth primarily in the Americas and stability in traditionally strong markets like the UK and Sweden. A five-year CAGR assessment indicates steady market expansion, with emerging markets contributing to upward trends.
Future trends to watch include the continued potential of Colombia and Bolivia as emerging exporters, driven by rising industrial investments. The market may also witness shifts in technological advancements and environmental regulations, influencing export dynamics. Additionally, the push for renewable energy sources could impact the gas turbine market in the coming years, as countries adjust strategies to balance energy portfolios.
Top countries in Export of Gas Turbine Engines of a Power Exceeding 5000 kW by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 31,100 | 2023 | +5.17% | +7.37% | View data |
| 2 | 2 Colombia | 7,400 | 2023 | -4.73% | +350.21% | View data |
| 3 | 3 Bolivia | 4,470 | 2023 | +4.78% | +331.13% | View data |
| 4 | 4 Sweden | 2,650 | 2023 | +2.87% | +6.46% | View data |
| 5 | 5 United States | 2,400 | 2023 | -0.84% | -2.64% | View data |
| 6 | 6 Mexico | 36 | 2023 | -2.7% | -2.09% | View data |
| 7 | 7 New Zealand | 10 | 2023 | 0% | +7.39% | View data |
| 8 | 8 China | 6 | 2023 | 0% | 0% | View data |
| 9 | 9 Brazil | 3 | 2023 | 0% | -12.94% | View data |
| 10 | 10 Zimbabwe | 1 | 2023 | 0% | 0% | View data |
