Key Market Indicators
Chilean antibiotics exports are projected to decline significantly over the coming years. According to recent data, exports are expected to drop to approximately $50,000 by 2028, down from about $96,000 in 2023. This represents a year-on-year compound annual growth rate (CAGR) decline of 10.3%. The long-term trend has also been negative. Since 1995, Chile's antibiotics supply has decreased by an average of 28.3% annually. On the import side, Chile is also facing a downward trend. Antibiotics imports are forecasted to decrease slightly to around $27.8 million by 2028, from $28.4 million in 2023. This equates to an average annual decline of 0.4%. Since 1995, Chilean demand for antibiotics has fallen by an average of 4.7% per year.
