The import of synthetic and reconstructed jewellery stones to Chile observed significant fluctuations from 2013 to 2023, peaking in 2015 at $95.83 thousand and gradually declining to $28.36 thousand in 2023. Year-over-year variations showed considerable volatility, with high growth rates in 2015 (27.44%) and 2018 (26.1%), contrasted by sharp declines in 2016 (-28.51%), 2017 (-26.18%), 2019 (-37.73%), and subsequent years. The compound annual growth rate (CAGR) from 2019 to 2023 was notably negative at -14.96%, reflecting an overall downward trend.
Future trends suggest a continued decline in imports, as forecasted data from 2024 to 2028 indicate a steep decrease with a five-year CAGR of -21.28%. Key factors to watch include changes in consumer preferences, shifts in global trade policies, and economic conditions which might impact import demand in Chile.
