The import of whiskies to Chile experienced significant fluctuations between 2013 and 2023, peaking at $56.077 million in 2013 and hitting a low of $45.313 million in 2020. After 2020, there was consistent growth, reaching $58.428 million by 2023. The year-on-year variation shows notable highs and lows, with major declines in 2015 (-8.6%) and 2020 (-11.63%), and considerable recovery in 2021 (23.36%). The CAGR for the last five years up to 2023 was 0.77%, suggesting a modest long-term growth trend.
Forecasted data from 2024 to 2028 predicts continued growth, with the value reaching $64.969 million by 2028. The forecasted 5-year CAGR is 1.67%, pointing toward a steady albeit slow growth trajectory.
Future trends to watch for include possible market adjustments due to economic fluctuations, changes in consumption patterns influenced by global trends, and potential regulatory impacts on import tariffs. Additionally, the emerging preference for premium and craft whiskies could further shape import dynamics, promoting higher value imports.
