The import of ships, boats, and other floating structures to Chile is forecasted to decline steadily from 2024 through 2028. The value in 2024 is projected to be 131.7 million US dollars, which decreases gradually each year to 121.84 million US dollars by 2028. Measured from 2023 to 2028, the compound annual growth rate (CAGR) indicates a consistent negative trend. For context, the value stood at 135 million US dollars in 2023.
Between 2024 and 2025, there's a year-on-year decrease of approximately 1.93%. The downward trend continues with a 1.93% drop from 2025 to 2026, a 1.93% drop to 2027, and so on. Over the five-year forecast period, the average annual reduction (CAGR) is roughly 1.93%.
Future trends to watch for include potential changes in global shipping and boat manufacturing markets, technological advancements in marine transport, and Chile's economic policies affecting import tariffs and maritime investments. Additionally, environmental regulations and sustainability practices could alter the demand and composition of floating structure imports.
