Key Market Indicators
Export of gas turbines from Romania is expected to reach around $194 million by 2026, up from $165.5 million in 2021. This amounts to an average annual growth rate of 2.7%. Since 1994, Romanian supply has increased by 4.1% year on year. Romania came in at number 33 in 2021, while Malaysia was ahead at $165.5 million. France, Singapore and Germany respectively came in second, third and fourth place in this ranking. Meanwhile, import of gas turbines into Romania is forecasted to reach $641 million by 2026, up from $509.6 million in 2021. This amounts to an average annual growth rate of 3.9%. Since 1994, Romanian demand has increased by 3.3% year on year. Romania was placed at number 34 in 2021, with Sweden ahead at $509.6 million. The United Kingdom, France and Singapore respectively came in second, third and fourth place in this ranking.
