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.