Forecast: Import of Aluminium Plates, Sheets and Strip to Chile

Based on the provided data, the import of aluminium plates, sheets, and strips to Chile has shown a stable increasing trend from 2024 to 2028. The values are forecasted to rise sequentially from $117.44 million in 2024 to $132.22 million in 2028, reflecting steady annual growth.

Import values for 2023, which stand at $114.16 million, provide a basis for evaluating the year-on-year variations. The percentage increase from 2023 to 2024 is approximately 2.87%, from 2024 to 2025 is about 3.24%, from 2025 to 2026 is around 3.08%, from 2026 to 2027 is nearly 2.92%, and from 2027 to 2028 is about 2.78%. Over the last two years, the import value has shown an overall positive trend with around a 6% cumulative rise. The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 averages around 3% per year.

Future trends to watch for include potential fluctuations in global aluminium prices, shifts in Chile's industrial demand, and changes in trade policies or tariffs that could impact import levels. Additionally, technological advancements and environmental regulations may influence both production and consumption patterns in the industry.

Top Countries about Aluminium