Key Market Indicators
Chilean insulin exports are projected to hit approximately $360,000 by 2028, up from about $275,000 in 2023, marking an annual growth rate of 4.2%. Since 2008, the country's insulin supply has surged by 77.5% annually. In 2023, Chile ranked 30th in insulin exports, with New Zealand just ahead at the same export value. France, Italy, and China occupied the second, third, and fourth spots, respectively. On the import front, Chile's insulin imports are expected to reach nearly $50 million by 2028, increasing from around $41 million in 2023. This represents an annual growth rate of 3%. Since 1995, Chile's demand for insulin has risen by 6.6% each year.
