Forecast: Import of Parts of Refrigerating or Freezing Equipment to Chile

In 2023, Chile's import of parts for refrigerating or freezing equipment stood at 2.4289 million kilograms. From 2024 onwards, the forecasted import values show a steady, slight decline year-on-year. Specifically, the import volume is expected to decrease from 2.4225 million kilograms in 2024 to 2.3978 million kilograms by 2028.

The year-on-year variation shows minor decreases:

- 2024: -0.26% compared to 2023

- 2025: -0.26% compared to 2024

- 2026: -0.26% compared to 2025

- 2027: -0.25% compared to 2026

- 2028: -0.25% compared to 2027

The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 suggests an average decrease of approximately 0.26% per year.

Future trends to watch for include advancements in refrigeration technology which may decrease the need for imported parts, the impact of local manufacturing capabilities improving, and potential shifts in trade policies or economic conditions affecting import volumes.

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