Key Market Indicators
Hungary's gas turbine import is expected to reach $867 million by 2026, a 1.4% year-on-year growth rate. Since 1997, demand has decreased by 3.5% year-on-year. In 2021, Hungary ranked 25th, with Saudi Arabia at the top with $798 million. The United Kingdom, France, and Singapore ranked 2nd, 3rd, and 4th respectively. Gas turbine exports from Hungary are projected to reach $670 million by 2026, with an average annual growth rate of 1%. Since 1997, supply has dropped by 6.1% year-on-year. In 2021, Hungary was 23rd, with Ireland leading the way at $633 million. France, Singapore, and Germany placed 2nd, 3rd, and 4th respectively.
