Key Market Indicators
Norway's gas turbine exports are expected to reach $420 million by 2026, up 1.6% year-on-year, compared to $383 million in 2021. Since 1998, Norwegian supply has grown by an average of 3% annually. In 2021, Norway ranked 28th, with Saudi Arabia being the largest exporter at $383 million. France, Singapore and Germany ranked 2nd, 3rd and 4th respectively. Norway's gas turbine imports are set to reach $833 million by 2026, up 2.8% year-on-year, compared to $705 million in 2021. Since 1998, Norwegian demand has grown by an average of 13.6% annually. In 2021, Norway was 28th, with Russia in first place at $705 million. The United Kingdom, France and Singapore ranked 2nd, 3rd and 4th respectively.
