The import of millstones and grindstones of natural stone to Chile has shown significant fluctuations over the past decade. In 2023, the value stood at $162.15 thousand USD. The year-on-year variation from 2022 to 2023 was a decline of 3.78%, while the average annual decline over the past 5 years (2018-2023) was 4.63%. Over a longer period from 2013 to 2023, the imports have steadily dropped, highlighted by a notable decrease of 36.57% in 2017 followed by smaller gains and reductions. Specifically, years 2018 and 2021 saw some recovery, with positive year-on-year variations of 21.55% and 10.28% respectively.
Future trends to watch for indicate a continued decrease in imports, with a forecasted 5-year CAGR at -3.64% and an overall decline of 16.93% by 2028. Factors such as advancements in alternative technologies, changes in industrial demands, and potential shifts in global trade policies could significantly influence these trends.
