The forecast for the import of clear drawn glass in sheets to Chile shows a declining trend. The values are projected to decrease from $98.91 thousand in 2024 to $67.85 thousand by 2028. This indicates a year-on-year decrease of 8.1% from 2024 to 2025, 8.6% from 2025 to 2026, 9.3% from 2026 to 2027, and 10% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is negative, indicating an overall average annual decline.
Historical data from 2023 showed actual import values, which stood higher than the projected figures for subsequent years. This downward trend suggests a consistent reduction in demand or shifts in local supply dynamics.
Future trends to watch for:
- Changes in construction industry demand
- Local production capabilities and capacity
- Trade policies and import tariffs
- Technological advancements in glass production
- Potential economic shifts within Chile impacting overall import volumes
