Key Market Indicators
Slovakia's gas turbine imports are projected to rise to approximately $61.7 million by 2028, up from around $53.8 million in 2023. This represents an average annual growth rate of 2.2%. Historically, Slovak demand for gas turbines has increased by 4.6% each year since 1999. On the export front, Slovakia is expected to see its gas turbine exports reach nearly $19.8 million by 2028, growing from about $17.5 million in 2023. This marks an average annual growth rate of 2%. Since 1999, Slovak gas turbine exports have grown at a yearly rate of 5.4%. In the global ranking for 2023, Slovakia held the 50th position in gas turbine exports, with Oman marginally ahead at $17.5 million. Leading the ranking were France, Singapore, and Germany, occupying the second, third, and fourth positions respectively.