Key Market Indicators
Brazil's transformer exports are expected to reach $215 million by 2026, down 2.3 percent from 2021, according to year-on-year CAGR. Since 1994, the nation's supply has dropped by 4.2 percent per year. In 2021, Brazil was in 36th place, overtaken by Russia at $246.5 million. Germany, the United States and Japan were numbers 2, 3 and 4 in the ranking, respectively. Brazil's transformer imports are set to reach $812 million by 2026, up 0.1 percent from 2021, according to year-on-year CAGR. Since 1994, the nation's demand has declined by 0.8 percent per year. In 2021, the country was in 27th position, overtaken by Sweden at $805.8 million. China, Germany and Mexico respectively occupied spots 2, 3 and 4 in the ranking.
