Forecast: Import of Shawls, Scarves, Veils of Artificial Fibres to Chile

From 2013 to 2023, the import of shawls, scarves, and veils of artificial fibers to Chile experienced significant fluctuations. The peak occurred in 2014 with a value of 2.593 million USD, followed by a general downward trend, reaching 1.1397 million USD in 2023. There were brief periods of increase, such as in 2017 and 2021.

Year-on-year percentage changes highlight high volatility, with significant drops in 2015, 2018, and 2019, and notable recoveries like the 16.85% increase in 2021. The compound annual growth rate (CAGR) over the last five years showed an average annual decline of 4.75%.

Forecasted data from 2024 to 2028 suggest a continued decline, with the CAGR for this period estimated at -2.88%. By 2028, the value is anticipated to decrease to 0.95039 million USD, marking a 13.59% reduction over five years.

Future trends to watch include the impact of economic factors, changes in consumer preferences towards artificial fibers versus natural materials, and any trade policy adjustments that may affect import volumes and values.

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