Key Market Indicators
Kuwait's gas turbine imports are predicted to fall by 1.9% each year, from $206 million in 2021 to $184 million by 2026. Since 2011, imports have been declining at a rate of 2% annually. Kuwait ranked 48th in 2021, with Bolivia ahead at $206 million. The United Kingdom, France and Singapore were the top three imports. Meanwhile, Kuwait's gas turbine exports are expected to drop by 0.9% per year, from $1.8 million in 2021 to $1.7 million by 2026. Since 2013, exports have been growing at a rate of 5.6% annually. Kuwait ranked 74th in 2021, with Belarus outranking them at $1.8 million. France, Singapore and Germany were the top three exporters.