In 2023, the re-import of gas turbine powered automobiles to the UK was recorded at 5.32 thousand kilograms. From 2024 to 2028, there is a steady increase in volume with annual values standing at 5.43, 5.55, 5.66, 5.78, and 5.89 thousand kilograms respectively. This indicates a year-on-year growth of approximately 2% to 2.2%. The compound annual growth rate (CAGR) suggests a consistent average growth of about 2.1% per year over the 5-year forecast period.
Future trends to watch for include:
- Technological advancements in gas turbine engines improving efficiency and demand.
- Regulatory changes in automotive emissions affecting re-import volumes.
- Fluctuations in fuel prices influencing the attractiveness of gas turbine vehicles.