Based on the data, the import volume of frozen shrimps and prawns to Chile is forecasted to rise steadily from 2024 to 2028, starting at 6.5751 million kilograms in 2024 and reaching 7.5315 million kilograms in 2028. The import values for 2023 were positioned just below the 2024 forecast, indicating a consistent annual increase.
Year-on-year variation in percentage reflects a continual upward trend, with an incremental increase each year: approximately 3.75% to 3.93%. Evaluating the last two years, we observe a consistent positive trajectory, suggestive of a growing demand or shift in market conditions.
Looking at the CAGR over the five-year period, the average annual growth rate is around 3.85%. This suggests a stable yet positive growth trend in Chile's importation of frozen shrimps and prawns.
Future trends to watch for include potential changes in import regulations, shifts in global shrimp and prawn supply chains, fluctuations in consumer demand patterns, and impacts of climate change on shrimp and prawn fisheries, which could affect both supply and pricing structures.
