Based on the provided data, Malaysia's export of gas turbine engines is projected to see a consistent upward trend from 2024 to 2028. The forecasted values in million USD are:
• 2024: 332.86
• 2025: 346.57
• 2026: 360.00
• 2027: 373.17
• 2028: 386.08
The year-on-year percentage variations indicate a steady growth:
• From 2024 to 2025: 4.11%
• From 2025 to 2026: 3.88%
• From 2026 to 2027: 3.67%
• From 2027 to 2028: 3.46%
These variations demonstrate a persistent but slightly decelerating growth pattern over the forecast period. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 3.78%, reflecting an average annual increase in exports.
For future trends, it is crucial to watch for technological advancements in gas turbine engines, potential shifts in global energy policies, and the emerging market demands that could influence Malaysia's export dynamics.
