The import of quartz and quartzite to Chile has shown significant fluctuations over the past decade. From 2013 to 2023, the import values have varied widely, with the highest value recorded in 2016 and a notable decline seen in 2019. In 2023, imports stood at 646.05 thousand USD. The overall trend indicates a downward movement with a 2023 year-on-year decrease of 2.28% and a five-year CAGR of -10.47%.
For the forecast period from 2024 to 2028, the trend continues to show a gradual decrease, with the 2028 forecasted value at 577.12 thousand USD and a forecasted five-year CAGR of -1.73%, indicating a cumulative decline of 8.35% by the end of the period.
Future trends to watch include potential shifts in global supply chains, the impact of technological advancements on the production and usage of quartz and quartzite, and economic conditions that may affect demand in the Chilean market.
