In 2023, the import of parts of steam and vapour turbines to Switzerland stood at a significant value. As of 2024, the forecasted data begins and shows a downward trend in volume from 793.44 thousand kilograms in 2024 to 293.05 thousand kilograms in 2028. The year-on-year variations indicate a successive decline: from 2024 to 2025 there is a notable decrease, followed by continued reductions in 2026, 2027, and 2028. The compound annual growth rate (CAGR) over the last five years illustrates an average yearly decline in imports.
Future trends to watch for include technological advancements in renewable energy sources, which may further reduce the demand for steam and vapour turbines, and possible shifts in global trade policies that could impact the import patterns of these turbine parts.
