In Chile, rail container transport has experienced considerable fluctuation over the past decade. From 2014 to 2017, the sector saw a significant decline, with a sharp drop in 2017. However, this trend reversed in 2018, leading to a period of recovery, culminating in a substantial 44.35% year-on-year increase in 2020.
Since then, the market has demonstrated moderate growth, with a 2.24% year-on-year increase in 2023. As noted, the market value stood at 740.07 Thousand Metric Tons in 2023. The Compound Annual Growth Rate (CAGR) over the last five years has averaged 10.2%, indicating robust growth.
Looking ahead, forecasts predict continued growth but at a slower pace, with a projected CAGR of 1.63% over the next five years and an overall growth rate of 8.42% by 2028. The anticipated value for rail container transport in 2028 is 819.85 Thousand Metric Tons.
Future trends to watch for include the impact of potential infrastructure developments, increased integration of rail transport in logistics solutions, and the influence of economic factors on trade volumes. Improved efficiency and technological advancements could further drive the growth of rail container transport in Chile.