The import of railway, tramway locomotives, and rolling stock to Chile has shown a volatile trend over the past decade. After a high in 2013, there was a significant drop in 2014 and a steady decline until 2015. However, import values recovered notably in 2016. From 2017 onwards, imports exhibited minor fluctuations with a sharp decline in 2018 and a significant drop in 2020. The imports rebounded in 2021 and have since followed a relatively stable increasing trend, reaching 184.56 million USD in 2023.
- In 2023, imports stood at 184.56 million USD.
- The year-on-year variation in 2022 was 2.04%.
- The year-on-year variation in 2023 was 1.96%.
- The CAGR over the last five years from 2018 to 2023 has been 4.79%.
Looking ahead to the forecast period (2024-2028), imports are expected to continue growing at a modest pace with a forecasted 5-year CAGR of 1.51%, resulting in a projected value of 203.08 million USD by 2028, accounting for a total growth rate of 7.76% over the period.
Future trends to watch for include the impact of infrastructure investments, government policies on public transportation, and technological advancements in railway systems, which could influence import volumes and values considerably.
