Forecast: Import of Air Conditioners with Reverse Cycle Refrigeration to Chile

The import of air conditioners with reverse cycle refrigeration to Chile experienced considerable volatility from 2013 to 2023. Over the ten-year period, import values fluctuated, culminating at a value of 12.169 million USD in 2023. The year-on-year variations reveal significant swings, such as a 23.97% increase in 2014 and a substantial drop of 43.57% in 2018. Over the last five years leading up to 2023, the Compound Annual Growth Rate (CAGR) stands at 2.69%.

Looking forward, the forecast from 2024 to 2028 suggests a downward trend in import values, with an expected average annual decline of 2.31%, leading to a total decrease of approximately 11.03% by 2028. Key future trends to monitor include potential shifts in demand due to improved energy efficiency standards, economic factors affecting disposable income, and climate-related changes that might drive fluctuations in heating and cooling requirements.

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