From 2014 to 2023, Chile's freshwater fish import volume exhibited significant variability. Starting at 8.91 thousand metric tons in 2014, there was a notable decrease in 2015 followed by a substantial increase in subsequent years, peaking at 17.69 thousand metric tons by 2023. The year-on-year variation ranged from a dramatic increase of 47.02% in 2017 to a drop of 14.06% in 2020. The compound annual growth rate (CAGR) over the past five years stood at 2.92%, showcasing moderate growth amid fluctuating annual changes.
Future forecasts suggest a steady increase in imports, reaching approximately 20.37 thousand metric tons by 2028. With a forecasted 5-year CAGR of 2.27% and an overall growth rate of 11.89%, the import volume is expected to continue its upward trajectory.
Future Trends to Watch For:
- Increasing global demand for freshwater fish due to health consciousness and dietary preferences.
- Potential impacts of environmental regulations and sustainability practices on import volumes.
- Effects of geopolitical factors and trade policies on import consistency and growth.
