Key Market Indicators
Romanian Gas Turbine Exports are projected to hit approximately $206 million by 2028, up from about $177 million in 2023. This marks an annual growth rate of 2.4%. Since 1994, Romania's gas turbine supply has increased at an average annual rate of 4%. In 2023, Romania ranked 33rd globally in gas turbine exports, with Ukraine surpassing it at the same export value of $177 million. The top three countries in this ranking were France, Singapore, and Germany, respectively. On the import side, Romania's gas turbine imports are expected to reach nearly $699 million by 2028, climbing from around $562 million in 2023. This indicates a compound annual growth rate of 3.4%. Romanian demand for gas turbines has been rising at an average annual rate of 5.8% since 1994.
