Key Market Indicators
Israel is set to see an increase in gas turbine imports and exports. In 2021, imports reached $699.7 million, a growth of 2.1% year on year, and exports reached $361.1 million, a growth of 0.9%. Since 2000, imports have seen a 6.8% average annual rise, while exports have increased by 0.6%. Norway overtook Israel to take the lead in gas turbine imports in 2021, with a total of $699.7 million. The United Kingdom, France and Singapore ranked 2nd, 3rd and 4th respectively. Latvia usurped Israel in gas turbine exports, with a total of $361.1 million in 2021. France, Singapore and Germany were ranked 2nd, 3rd and 4th respectively.
