Key Market Indicators
Lebanese exports of gas turbines are expected to reach nearly $2.1 million by 2026, growing at a 3.1 percent year-on-year rate. This is an increase of 21.2 percent since 2002. In 2021, Lebanon ranked 77th in exports of gas turbines, with Myanmar surpassing it with $1.7 million. France, Singapore and Germany followed with the second, third, and fourth highest exports respectively. Lebanon's imports of gas turbines are projected to reach $61 million by 2026, with an average growth rate of 3.3 percent year-on-year. Since 2002, the country's imports have risen by 2.4 percent annually. In 2021, Lebanon was 65th in the world for gas turbine imports, with Slovakia taking the lead with $50.3 million. The United Kingdom, France and Singapore followed in second, third, and fourth place respectively.
