The Dominican Republic Gas Turbine Industry Outlook 2022 - 2026

See how the Dominican Republic Gas Turbine performed compared to key markets such as the United Kingdom, France and Singapore.

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.

The Dominican Republic Gas Turbine Market Data and Forecasts

How much will the Dominican Republic Gas Turbine Market grow to 2026?

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