Key Market Indicators
Mongol Gas Turbine Export is expected to hit $713 million by 2026, up from $551 million in 2021. This is a 4.3% year-on-year growth. Since 2018, Mongol supply has increased 19% annually. In 2021, Mongol was placed 83rd in the ranking, with Moldova ahead at $551 million. France, Singapore, and Germany followed in 2nd, 3rd, and 4th place respectively. Meanwhile, Mongol Gas Turbine Imports are forecast to reach $1.1 billion by 2026, from $1.0 billion in 2021, with a 1.3% year-on-year average rate of growth. Since 2002, Mongol demand has risen 18.1% annually. In 2021, Mongol was placed 105th in the ranking, with Andorra ahead at $1.0 billion. The United Kingdom, France, and Singapore followed in 2nd, 3rd, and 4th place respectively.