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2.9 LATIN AMERICA -- Brazil
2017/11/26
According to ABRAVA, in 2016, the Brazilian HVAC&R market reported sales of 26.5 billion real (US$ 7.9 billion), of which 18.9 billion real (US$ 5.6 billion) was in the industrial segment, 4 billion real (US$ 1.2 billion) in the services segment, and 3.6 billion real (US$ 1.1 billion) in the commercial segment.
 
According to BSRIA, the Brazilian chiller market reached US$ 52.8 million in 2016, a sharp decrease of 27.2% compared with 2015. In particular, the absorption, screw, and centrifugal segments showed big decreases in year-on-year growth with 43.9%, 37.6%, and 17.0% decreases respectively. Chiller demand in Brazil will take a long time to recover.
 
Chillers in the range of 200 to 700 kW dominate the Brazilian market. Scroll chillers between 100 and 200 kW are popular. In contrast, demand for reciprocating chillers is shrinking. They are mostly adopted for replacement purposes and are likely to gradually disappear from the market.
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