In 2023, the import of Fish Fillets and Other Fish Meat to Chile stood at approximately 34.4 Million US Dollars. Forecasts for the upcoming years predict continuous growth, with values expected to be at 35.788 Million US Dollars in 2024, rising steady each year to reach 41.619 Million US Dollars by 2028. This implies a year-on-year growth rate of approximately 4.2% from 2024 to 2025, 3.9% from 2025 to 2026, 3.7% from 2026 to 2027, and a subsequent 3.5% increase from 2027 to 2028.
The compound annual growth rate (CAGR) over the five-year period (2024-2028) is expected to be 3.4%. This steady increase reflects robust demand for fish fillets and other fish meat in Chile.
Future trends to watch include:
- Potential impacts of international trade policies and tariffs
- Changes in domestic fisheries regulations and sustainability practices
- The influence of global environmental factors and climate change on fish stocks and availability
- Consumer preferences shifting towards alternative protein sources or plant-based "fish" products
