The import of insecticides to Chile has shown a consistent upward trend from 2024 to 2028, with values increasing from $100.17 million in 2024 to $109.87 million in 2028. For 2023, the actual import value stood at $98.50 million. The year-on-year variation shows a steady growth of approximately 2.5% to 3% annually. Over the last two years (2022 to 2023), the growth variation was around 2.5%, while the future years also indicate similar growth rates. The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is expected to be around 2.5%.
Future trends to watch for include advancements in insecticide technology, potential changes in agricultural policies, and shifts in global market dynamics. Additionally, the impact of environmental regulations and the adoption of sustainable farming practices could influence import patterns.
