Key Market Indicators
Macedonia’s gas turbine exports are expected to reach around $840 million by 2026 from $765 million in 2021, increasing at an average of 1.6% year on year. Since 2006, exports have grown 57%. In 2021, Macedonia was ranked 113th, with Montenegro coming in ahead at $765 million. France, Singapore and Germany took the top 3 spots in the ranking. Macedonia’s gas turbine imports are projected to decrease by 1% year on year, to reach around $49 billion by 2026 from $51.8 billion in 2021. Since 1999, imports have grown 5.6% annually. In 2021, Macedonia was ranked 119th, with Rwanda one place higher at $51.8 billion. The United Kingdom, France and Singapore were the top three in the ranking.
