In 2023, the production of transportation and warehousing in Chile stood at 23.037 trillion Chilean Pesos. From 2013 to 2023, the sector has experienced various levels of growth and contraction. The production saw a significant dip in 2020 with a year-on-year variation of -15.3%, reflecting the adverse effects of the global pandemic. However, the sector rebounded strongly in 2021 with a 22.85% increase from the previous year, continuing to grow, albeit at a slower rate, reaching 22.625 trillion CLP in 2022 and 23.037 trillion CLP in 2023.
The compound annual growth rate (CAGR) over the past five years (2018-2023) was 1.61%, showing moderate growth. Forecasts for the next five years (2024-2028) predict a steady CAGR of 1.41%, indicating a stable, yet modest, upward trend in production. By 2028, the production value is expected to reach 25.187 trillion CLP, reflecting a 7.23% growth rate over five years.
Future trends to watch for include the potential impact of technological advancements, shifts in global trade dynamics, and domestic policy changes affecting the transportation and warehousing sector. Additionally, environmental regulations and sustainability initiatives could play a significant role in shaping the industry's future growth trajectory.
