Key Market Indicators
**Irish Gas Turbine Imports to Surge to $924 Million by 2028** Ireland's gas turbine imports are projected to climb from approximately $818 million in 2023 to around $924 million by 2028. This marks an average annual growth rate of 1.9%. Historical data shows that since 1997, Irish demand for gas turbines has risen by an average of 2.1% each year. **Exports Expected to Reach $948 Million** On the export front, Ireland is expected to see its gas turbine exports grow from about $835 million in 2023 to nearly $948 million by 2028. This represents an average annual growth rate of 2%. Over the long term, since 1997, Ireland's supply of gas turbines has increased by an annual average of 1.7%. **Competitive Landscape** In the global ranking for gas turbine exports in 2023, Ireland held the 22nd position. The Czech Republic marginally led ahead of Ireland with exports worth approximately $835 million. Leading the rankings were France, Singapore, and Germany, occupying the second, third, and fourth positions, respectively.
