Analysis of the import data of dried apricots to Chile shows varied trends from 2013 to 2023. The highest import volume during this period was in 2018 with over 196 thousand kilograms. The series shows fluctuations with peak growth in 2018 (98.33%) and a significant decline in 2019 (-24.62%). The data for 2023 reveals an import volume of 174.53 thousand kilograms, marking a modest growth of 2.57% over 2022.
Considering the last two years, the year-on-year variation reveals a slight positive trend, with increases of 2.69% in 2022 and 2.57% in 2023. The compound annual growth rate (CAGR) for the past five years (2018-2023) stands at approximately -2.36%, indicating a downturn in average growth over this period.
Looking forward, forecasts suggest a stable but modest increase in the import of dried apricots, with a five-year CAGR up to 2028 projected at 1.93%. The expected year-on-year growth rate is around 10.05% by 2028, indicating a potential satisfactory demand in the future.
Future trends to watch for include the impact of global supply chain changes, economic conditions affecting import demand, and agricultural trends within key exporting countries that may influence supply and pricing dynamics.
