Key Market Indicators
Serbia's gas turbine imports are expected to reach nearly $61 million by 2026, up 4.1% annually from $48 million in 2021. Since 2010, Serbian demand for gas turbines has grown by nearly 20% each year. In 2021, Serbia was ranked 66th in terms of imports, with Lebanon coming in ahead at $48 million. The United Kingdom, France and Singapore were ranked 2nd, 3rd and 4th respectively. Exports of gas turbines from Serbia are projected to reach $43 million by 2026, up 4.3% each year from $34 million in 2021. Since 2010, Serbian supply of gas turbines has risen by 36%. In 2021, Serbia was ranked 45th, with Benin overtaking at $34 million. France, Singapore and Germany were ranked 2nd, 3rd and 4th respectively.
