Key Market Indicators
In 2018, Uruguay's gas turbine imports amounted to approximately $585,000, marking a significant decline from the roughly $803,000 recorded in 2017. This represents a 27.2% decrease in imports compared to the previous year. Examining a longer timeline, demand for gas turbines in Uruguay has plummeted by 41.6% annually since 1999. On the export side, the figures are equally stark. In 2016, Uruguay's gas turbine exports totaled just $272, a dramatic drop from the $4,320 exported in 2015. This translates to a staggering 93.7% reduction in exports year-on-year. Looking back further, since 2008, Uruguay's supply of gas turbines has decreased by 64.9% annually.