Key Market Indicators
Dominican exports of gas turbines are forecast to hit $1.63 million in 2026, up 3% from the 2021 figure of $1.37 million. Since 2013, Dominican supply has been growing at an average rate of almost 47% per year. The country was in 79th position in 2021, with Azerbaijan ahead with $1.37 million. France, Singapore and Germany were placed 2nd, 3rd and 4th respectively in the 2021 ranking. Meanwhile, Dominican imports of gas turbines are set to reach $26.3 million by 2026, a 2.2% year-on-year growth from $23 million in 2021. Since 2006, Dominican demand has been declining at an average of 10% per year. The country was 79th in the 2021 ranking, with Slovenia overtaking with $23 million. The United Kingdom, France and Singapore were placed 2nd, 3rd and 4th respectively in the 2021 ranking.