Key Market Indicators
In 2017, Honduras was ranked number 90, with the highest being the United Kingdom at $17,170, followed by France and Singapore respectively. Honduras' import of gas turbines is expected to reach around $4.5 million by 2026, an increase of three percent year-on-year, a growth rate that has been consistent since 1999. Honduras came in at 93rd place in 2021, with Cyprus leading the pack at $3.7 million. The United Kingdom, France and Singapore followed in second, third and fourth, respectively. Meanwhile, Honduras' gas turbine exports saw a sharp decrease from 2016 to 2017, dropping from $17.2 million to $8.9 million, a decrease of nearly 48 percent. Despite this, Honduran supply has seen a steady increase since 2002, with a 41.1 percent year-on-year growth. In 2017, Honduras came in at 90th place, with the United Kingdom leading the pack at $17.2 million, followed by France and Singapore in second and third place.
