Key Market Indicators
Austrian exports of gas turbines are projected to reach nearly $393 million by 2026, up from $332 million in 2021. On average, exports have grown by 7.1% year-on-year since 1999. In 2021, Austria ranked 30th in the world for gas turbine exports, with Israel ahead at $332 million. France, Singapore, and Germany were numbers two, three, and four, respectively. Austrian gas turbine imports are estimated to reach $231 million by 2026, compared to $195 million in 2021. Over the same period, imports have grown by 13.2% year-on-year. In 2021, Austria ranked 49th globally for gas turbine imports, with Kuwait in the lead at $195 million. The UK, France, and Singapore followed in the rankings at numbers two, three, and four, respectively.
