The export value of Gas Turbine Engines from Bahrain has displayed fluctuating trends over the past years. In 2023, the value stood at USD 24.152 million. Over the last two years, the year-on-year variations showed a growth of 1.85% in 2022 and 1.78% in 2023. The five-year CAGR from 2019 to 2023 indicates a modest growth of 5.1% annually.
From 2024 onwards, forecasted data suggests steady growth. The forecasted five-year CAGR from 2024 to 2028 is 1.38%, with an accumulative growth rate of 7.1% in the same period.
Future trends to watch for include potential global market shifts, technological advancements in turbine engines, and changes in international trade policies that may impact Bahrain's export values.
