Key Market Indicators
Exports of gas turbines from New Zealand are expected to reach around $11.8 million by 2026, up slightly from $11.5 million in 2021. Since 1994, the country's supplies have decreased by 0.4% each year on average. In 2021, New Zealand came in at number 57, with Portugal ahead at $11.5 million. France, Singapore and Germany ranked second, third, and fourth respectively. Imports of gas turbines to New Zealand are set to increase to $1.2 billion by 2026, up from $945 million in 2021. This represents an average growth rate of 3.6% year on year since 1994. Australia led the rankings in 2021 at $945 million, followed by the UK, France, and Singapore.