Key Market Indicators
Filipina's gas turbine export is projected to drop by 2.7% year on year, from $6.4 million in 2021 to $5.5 million by 2026. This follows a 0.5% average decline since 2001. Bulgaria ranked number one in 2021, with France, Singapore and Germany coming in second, third and fourth, respectively. On the import side, Filipina demand is anticipated to fall by 1.4% year on year, from $45.6 million in 2021 to $42 million by 2026. This follows a 10.3% average decrease since 2001. Peru came in first in 2021, with the UK, France and Singapore taking the second, third and fourth spots.
