Key Market Indicators
Swedish gas turbine imports are projected to decline slightly, reaching approximately $514 million by 2028, down from $524 million in 2023. This represents an average annual decrease of 0.3%. Since 1997, the demand for gas turbines in Sweden has consistently fallen at the same rate. Conversely, Swedish gas turbine exports are on an upward trajectory. Exports are expected to climb to around $1.35 billion by 2028, up from $1.26 billion in 2023. This marks an average annual growth rate of 1.1%. Over the years, since 1997, Sweden's gas turbine supply has increased by an average of 1.5% annually. In 2023, Sweden ranked 20th globally in gas turbine exports. Switzerland led the ranking at $1.26 billion, followed by France, Singapore, and Germany in the second, third, and fourth positions, respectively.
