Key Market Indicators
Dutch gas turbine exports are projected to surge to approximately $6.5 billion by 2028, up from around $5.4 billion in 2023. This marks an annual compound growth rate of 2.9%. Since 1997, the nation's gas turbine supply has seen a steady annual increase of 3.7%. In 2023, the Netherlands ranked eighth in global gas turbine exports, with Japan leading the list at roughly $5.4 billion. France, Singapore, and Germany followed as the second, third, and fourth top exporters, respectively. On the import side, Dutch gas turbine imports are expected to climb to nearly $4.2 billion by 2028, from about $3.6 billion in 2023, reflecting a yearly growth rate of 2.3%. Since 1997, the Netherlands' demand for gas turbines has grown at an annual rate of 2.8%.
