Year-on-year variations (YoY) in import values of plasters for the forecasted period are as follows:
- 2024: USD 3.3372M
- 2025: USD 3.5085M (5.12% increase)
- 2026: USD 3.6765M (4.79% increase)
- 2027: USD 3.841M (4.48% increase)
- 2028: USD 4.0023M (4.20% increase)
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 is approximately 4.64%. This steady growth indicates a consistent upward trend in the import values of plasters to Chile.
Future Trends to Watch
Moving forward, focus on trends such as advancements in construction technologies, shifts in economic policies affecting import tariffs, and sustainable development initiatives in Chile. These factors could significantly influence the demand and importation of calcined gypsum or calcium sulphate plasters.