In 2023, Chile's import of coal-tar distillation products, including oils, stood at $4.987 million USD. Moving forward, the forecasted values show a slight year-on-year decline. In 2024, the value drops by 1.36% to $4.9197 million USD. By 2025, it further decreases by 1.35% to $4.8534 million USD. This trend continues with a 1.34% decrease to $4.7886 million USD in 2026, a 1.33% decline to $4.725 million USD in 2027, and a 1.34% decrease to $4.6626 million USD in 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately -1.34% per year, indicating a consistent downtrend.
Future trends to watch for include potential economic shifts that could impact the demand for coal-tar distillation products in Chile. Additionally, regulatory changes related to environmental concerns and alternatives to coal-tar products could further influence import dynamics.
