The production in the wholesale of household goods in Chile has shown significant fluctuations over the past decade. From 2013 to 2023, it increased from 2.0081 to 3.2697 trillion Chilean Pesos. Notable year-on-year variations include a peak growth of 20.64% in 2016 and a slight decline in 2020 of -2.7% possibly due to global economic uncertainties. The CAGR over the last five years up to 2023 stood at 2.34%, indicating moderate growth.
Forecasts for 2024 and beyond predict continued growth, maintaining an average annual rise of 1.65%, expected to culminate at 3.6169 trillion Chilean Pesos by 2028 with an overall growth rate of 8.5% from 2023 levels.
Future trends to watch for include potential impacts of technological advancements, shifts in consumer preferences towards sustainable goods, and global economic conditions that could influence both production and demand fluctuations in the wholesale of household goods sector in Chile.
