Forecast: Import of Articles of Apparel and Clothing Accessories to Chile

The import of articles of apparel and clothing accessories to Chile has exhibited a volatile trend from 2013 to 2023. In 2013, the import volume stood at 229.06 thousand kilograms. Following a peak increase of 31.32% in 2014, there was a significant drop in 2015 by 31.32%. Subsequent years displayed fluctuating patterns with notable declines in 2018 (-19.4%) and 2020 (-11.05%), despite occasional growth spurts such as a 22.14% rise in 2021. As of 2023, the import volume reached 222.63 thousand kilograms with a modest year-on-year increase of 1.28% and a 5-year CAGR of 0.89%.

Looking forward, forecasted data points to a steady upward trend, with the import volume expected to reach 237.37 thousand kilograms by 2028, suggesting an average annual growth of 1.01%. The five-year growth rate is projected to be 5.16%.

Future trends to watch for:

  • Impact of global economic changes on import volumes.
  • Shifts in consumer preferences and demand for apparel.
  • Potential trade policy changes and their effect on import.
  • Technological advancements in supply chain management.
  • Environmental and sustainability concerns influencing production and import practices.

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