The import of buses to Chile, excluding diesel-powered ones, stood at 105.15 million USD in 2023. According to the forecast data, the imports are projected to grow from 113.55 million USD in 2024 to 141.98 million USD by 2028. The year-on-year variations show an increase of 6.44% from 2024 to 2025, 5.95% from 2025 to 2026, 5.49% from 2026 to 2027, and 5.10% from 2027 to 2028. The compounded annual growth rate (CAGR) from 2023 to 2028 is approximately 6.19%.
Looking ahead, key trends include a potential rise in imports of electric and hybrid buses as Chile invests in greener public transportation solutions. Monitoring changes in government policy, technological advancements, and global supply chain dynamics will be crucial.
