Key Market Indicators
Guatemalan exports of gas turbines are set to reach $430,000 by 2026, up from $396,000 in 2021. This represents an annual growth rate of 1.4%. Since 1998, exports have dropped by 1.7% each year. Guatemala ranked 88th in the world in 2021, with Ivory Coast ahead at $396,000. France, Singapore and Germany came in at second, third and fourth place, respectively. Similarly, Guatemalan gas turbine imports are predicted to reach $1.6 million by 2026, up from $1.6 million in 2021. This represents a slight increase of 0.1% each year. Since 1998, imports have risen 8.1% each year. In 2021, Guatemala was 98th in the world, with Senegal at $1.6 million. The United Kingdom, France and Singapore followed, ranking second, third and fourth, respectively.
