Key Market Indicators
Australia's gas turbine exports are expected to reach around $142 million by 2026, a 1.2 per cent year-on-year increase. Since 1993, exports have grown at an average rate of 2.8 per cent year-on-year. In 2021, the country was ranked 34th in terms of export value, with Romania coming in ahead at $131 million. France, Singapore and Germany followed in second, third and fourth place, respectively. On the other hand, gas turbine imports to Australia are set to reach around $1.002 billion by 2026, a 0.3 per cent year-on-year increase. Since 1993, imports have decreased at an average rate of 0.1 per cent year-on-year. In 2021, the country was ranked 22nd in terms of import value, with Malaysia coming in at $984 million. The United Kingdom, France and Singapore followed in second, third and fourth place, respectively.
