The import value of mounted precious or semi-precious stones to Chile has shown considerable fluctuation between 2013 and 2023, peaking in 2018 at 336.87 thousand USD and hitting lows in 2015 and 2019. In 2023, the import value was 217.1 thousand USD, reflecting a slight increase of 1.81% compared to the previous year. The compound annual growth rate (CAGR) over the last five years has been negative at -8.41%, indicating a declining trend overall.
- 2013-2019 period: Marked by high volatility with significant peaks and troughs, influenced by a peak in 2017 and a dip in 2019.
- 2020 onwards: Shows a stabilizing trend with moderate increases, reaching 217.1 thousand USD in 2023.
Looking toward the future, from 2024 to 2028, the imports are expected to grow gradually, with a forecasted five-year CAGR of 1.37%. This suggests a more stable, albeit slower, growth phase. Notably, future trends to watch include global economic conditions affecting luxury goods, currency exchange rates, and shifts in consumer demand influenced by market conditions and geopolitical factors.
