Key Market Indicators
Azerbaijan's gas turbine imports are expected to drop to $23.4 million by 2026, a 4% drop from the 2021 figure of $31.4 million. Since 2001, the demand for gas turbines has decreased by 2.5% year on year. In 2021, Azerbaijan ranked 74th, with Lithuania in the lead at $31.4 million. The United Kingdom, France and Singapore took the next three spots. Azerbaijan's gas turbine exports are forecast to reach $1.18 million by 2026, a 3.2% decrease from the 2021 figure of $1.43 million. Since 2001, Azerbaijan's supply has risen by 15.8% year on year. In 2021, Azerbaijan ranked 78th, with Lebanon in the lead at $1.43 million. France, Singapore and Germany came in second, third and fourth place.
