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Kuwait Turbine Industry Outlook 2022 - 2026

See how Kuwait Turbine performed compared to key markets such as the United States, the United Kingdom and France.

Key Market Indicators

Kuwait's gas turbine imports are forecast to drop by 1.9% annually on average until 2026, when they are expected to reach around $185 million. This is a decrease from the $206 million in 2021, when the country was ranked 48th globally. Bolivia was ranked one place ahead of Kuwait. The UK, France and Singapore took the second, third and fourth spots in the global ranking. Meanwhile, Kuwait's gas turbine exports are set to decline by 0.9% each year until 2026, reaching $1.7 million. That is a decrease from 2021's figure of $1.8 million, when Kuwait was ranked 74th in the world. Belarus was one place ahead of Kuwait, with France, Singapore and Germany in second, third and fourth positions.

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Kuwait Turbine Market Data and Forecasts