In 2023, the import value of plastics waste or scrap to Chile stood at 2.0961 million US dollars. The forecasted data shows a year-on-year percentage decrease as follows: -8.9% in 2024, -8.6% in 2025, -9.3% in 2026, -10% in 2027, and -10.9% in 2028. This sustained decline results in a Compound Annual Growth Rate (CAGR) of -8.3% over the five-year period (2024-2028). The downward trend indicates a significant reduction in the import of this commodity.
Future trends to watch for include the impact of environmental regulations and recycling initiatives on the import of plastic waste. Additionally, advancements in domestic recycling technologies and shifts in global market dynamics could further influence the volume and value of plastic scrap imports to Chile. Monitoring these factors will be crucial for anticipating changes and making informed business decisions.
