Key Market Indicators
Israeli Gas Turbine Imports to Hit $836 Million by 2028 Israel's gas turbine imports are projected to reach approximately $836 million by 2028, up from around $738 million in 2023. This marks an average annual growth rate of 2%. Since the year 2000, the country's demand for gas turbines has increased at an average rate of 2.9% per year. Meanwhile, Israel's gas turbine exports are expected to grow to roughly $389 million by 2028 from about $369 million in 2023, reflecting a modest annual growth rate of 0.8%. Israeli supply has seen an average annual increase of 1.2% since 2000. In 2023, Israel ranked 29th in global gas turbine exports, with Norway narrowly ahead at $369 million. France, Singapore, and Germany took the top three spots in the global ranking.
