Key Market Indicators
Thailand's gas turbine exports are set to reach $451 million by 2026, up 1.3% year-on-year from 2021's figure of $417 million. Since 1994, Thai supply has decreased by 2.1% annually. In 2021, Thailand ranked 25th, with South Korea overtaking it at $417 million. France, Singapore, and Germany made up the top three rankings respectively. Thailand's gas turbine imports are set to reach $1.96 billion by 2026, up 2.7% year-on-year from 2021's figure of $1.67 billion. Since 1993, Thai demand has increased by 6% annually. In 2021, Thailand was placed 18th, with Belgium coming ahead at $1.67 billion. The United Kingdom, France, and Singapore respectively made up the top three rankings.
