Key Market Indicators
Brazil's export of gas turbines is expected to hit $5.2 billion by 2026, up 4% from $4.1 billion in 2021. This marks an average annual increase of 10.3% since 1994. China held the highest market share in 2021 with $4.1 billion, followed by France, Singapore and Germany. Meanwhile, Brazilian imports of gas turbines are set to drop to $180 million in 2026, down 20.1% from $625 million in 2021. This marks an average annual decrease of 25.6% since 1994. Israel held the highest market share in 2021 with $625 million, followed by the UK, France and Singapore.