The forecast for the import value of parts of gas turbine engines (excluding turbo-jets and turbo-propellers) to Brazil shows a steady increase, starting from $147.2 million in 2024 to $162.0 million by 2028. In 2023, the actual value was slightly below the forecasted 2024 figure, marking an ongoing upward trajectory. The year-on-year growth indicates a consistent positive trend with stable increases each year.
Future trends to watch for include:
- Technological advancements in gas turbine engines that might affect the parts supply chain.
- Brazil's domestic policies on oil and energy extraction, influencing demand for parts.
- Possible global economic factors such as trade agreements or disputes impacting import values.