In 2023, the import of parts of steam and vapor turbines to Brazil was $18.6 million. The forecast data indicates a steady decline from 2024 ($17.983 million) to 2028 ($15.589 million). Year-on-year, the import value is expected to experience reductions of approximately 3.42% in 2025, 3.47% in 2026, 3.54% in 2027, and 3.58% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) shows an average yearly decrease of approximately 3.68%.

Future trends to watch include:

Economic policies affecting imports and tariffs, which may alter the cost dynamics and demand.
Technological advancements in turbine efficiency or alternative energy sources potentially reducing the need for imports.
Global and regional developments in energy infrastructure projects that could influence parts demand.