Key Market Indicators
Morocco's gas turbine imports are projected to reach around $418 million by 2026, up from $326 million in 2021. This is a 4.2% increase year-on-year. Since 1998, the country's demand for gas turbines has grown by an average of 28.5% annually. In 2021, Pakistan overtook Morocco to take the 43rd spot in the world ranking. The UK, France and Singapore took the 2nd, 3rd and 4th spots, respectively. Meanwhile, Morocco's gas turbine exports are expected to reach $77.7 million by 2026, up from $63.6 million in 2021. That's a 3.4% year-on-year increase. Since 2006, the country's supply of gas turbines has grown by an average of 80.1% each year. In 2021, Indonesia overtook Morocco to take the 39th spot in the world ranking. France, Singapore and Germany came in at the 2nd, 3rd and 4th spots, respectively.
