The import value of knitted or crocheted fabric to Chile in 2023 stood at $46.911 million, a 2% year-on-year increase from the previous year. Over the last two years, the value increased by around 2% in 2022 and maintained a similar growth rate in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was relatively stable at around 0.43%. Although the overall CAGR for the five-year forecast period from 2024 to 2028 is expected to be around 1.53%, indicating relatively moderate growth.

Future trends to watch for include:

Expanding trade agreements that could facilitate higher imports.
Shifts in consumer preferences towards higher-quality knitted or crocheted fabrics.
Potential economic factors influencing import levels, such as currency fluctuations.
Technological advancements in fabric production, affecting global supply chains.