As of 2023, the import value of gas turbine engines to Vietnam stood at 136.8 Million US Dollars. Forecasts predict a steady increase in the import values from 2024 to 2028. The annual percentage variation observed is approximately 0.68% year-on-year, with the compound annual growth rate (CAGR) for the 2024-2028 period being 0.68% as well.
Future trends to watch for include:
- Advancement in gas turbine technology which could affect import demands.
- Changes in energy policies and market dynamics in Vietnam.
- Global geopolitical factors influencing trade and energy supplies.
