Key Market Indicators
Luxembourg's gas turbine imports are forecast to decrease 8.2% to nearly $40 million by 2026. This follows a 17.4% decrease since 2004. In 2021, Luxembourg ranked 61st for imports, with Colombia overtaking them at $64.7 million. The United Kingdom, France and Singapore followed in 2nd, 3rd and 4th place respectively. Meanwhile, Luxembourg's gas turbine exports are set to drop 0.3% to $43.3 million by 2026. This follows a 30.3% increase since 2004. In 2021, Luxembourg ranked 42nd for exports, with Pakistan overtaking them at $43.9 million. France, Singapore and Germany followed in 2nd, 3rd and 4th place respectively.
