Key Market Indicators
Omani gas turbine imports are projected to reach $611 million by 2026, up from $494 million in 2021. This is a year-on-year average increase of 3.6%. Since 1994, demand for Omani gas turbines has risen by an average of 16.6% year on year. In 2021, Oman was ranked 36th, with Latvia coming in ahead at $494 million. The United Kingdom, France and Singapore occupied the second, third and fourth positions, respectively. Omani gas turbine exports are forecast to reach $20 million by 2026, up from $16 million in 2021. This is a year-on-year average rise of 3.2%. Since 1995, Omani supply has grown by 122.6% on an annual basis. In 2021, the country was ranked 53rd, with Slovakia coming in at $16 million. France, Singapore and Germany took the second, third and fourth spots, respectively.
