Key Market Indicators
Croatian gas turbine exports are projected to hit approximately $109 million by 2028, up from nearly $101 million in 2023. This marks a compound annual growth rate (CAGR) of 1.2%. Since 1997, Croatia's supply has seen a year-on-year increase of 1.6%. In 2023, Croatia ranked 35th globally in gas turbine exports, with Australia surpassing it at the same export value of $101 million. France, Singapore, and Germany occupied the second, third, and fourth positions, respectively. On the import front, Croatian gas turbine imports are expected to reach around $91 million by 2028, rising from $81 million in 2023. This represents an average annual growth rate of 1.8%. Since 1997, Croatia's demand for gas turbines has grown at an annual rate of 1.4%.
