Key Market Indicators
Iceland's gas turbine exports are expected to reach around $7.6 million by 2026, up from $5.9 million in 2021. On average, year-on-year growth has been around 4.2%. Since 2012, Iceland's gas turbine supply has increased by 9% each year. Last year, it was ranked 64th, with Brunei ahead at $5.9 million. France, Singapore and Germany placed second, third and fourth. Iceland's gas turbine imports are also forecast to change, reaching $8.6 million by 2026, down from $9.4 million in 2021. This represents a 1.5% year-on-year decrease since 1993. Last year, Iceland was in 84th place, with Benin ahead at $9.4 million. The UK, France and Singapore ranked second, third and fourth respectively.
