Key Market Indicators
Chile's gas turbine imports are projected to plummet to approximately $6 million by 2028, down from $22 million in 2023, marking a significant annual decline of 19.2%. This marks a stark contrast to the trend observed since 1995, during which Chilean demand for gas turbines had surged by an average of 14.1% per year. On the export front, Chile's figures are also set to experience a dramatic drop. Gas turbine exports are expected to fall to around $156,000 by 2028 from nearly $2 million in 2023, representing an average annual decrease of 37.2%. Historically, since 1995, Chile's gas turbine supply has decreased by 13.5% annually. In the global ranking for 2023, Chile was positioned at number 65, with Peru surpassing it with exports valued at nearly $2 million. The top three positions were occupied by France, Singapore, and Germany, respectively.
