Key Market Indicators
Irish imports of gas turbines are projected to reach nearly $880 million by 2026, up from $778 million in 2021. This is an average annual growth rate of 2.1%. Since 1997, Irish demand has risen by 10.7% each year. In 2021, Ireland was ranked 26th in the world for imports, with Hungary ahead at $778 million. The United Kingdom, France, and Singapore followed in the rankings, taking second, third, and fourth places, respectively. Irish exports of gas turbines are expected to reach $901 million by 2026, up from $791 million in 2021. This is an average annual growth rate of 2.2%. Since 1997, Irish supply has increased by 8.7% year on year. In 2021, Ireland was 22nd in the world for exports, with the Czech Republic ahead at $791 million. France, Singapore, and Germany followed in the rankings, taking second, third, and fourth places, respectively.
