Key Market Indicators
Hungary's gas turbine import is projected to reach around $870 million by 2026, up from $800 million in 2021. This is a 1.4% average year on year growth. Since 1997, the country’s demand has decreased by 3.5% year on year. In 2021, Hungary came in 25th place, with Saudi Arabia ahead of it at $800 million. The United Kingdom, France and Singapore were 2nd, 3rd and 4th in the rankings respectively. Meanwhile, Hungary's gas turbine export is set to reach $670 million by 2026, up from $630 million in 2021. This is a 1% average year on year growth. Since 1997, the country’s supply has dropped by 6.1% year on year. In 2021, Hungary was ranked 23rd, with Ireland ahead of it at $630 million. France, Singapore and Germany were 2nd, 3rd and 4th in the rankings respectively.
