The import of crude coconut (copra) oil to Chile experienced significant fluctuations from 2013 to 2023. The value stood at 601.28 thousand USD in 2023, marking an increase of 2.03% from the previous year. The imports showed dramatic growth between 2013 and 2017, peaking at 1241.1 thousand USD in 2017, followed by a sharp decline in 2018 and significant volatility thereafter. The compound annual growth rate (CAGR) over the last five years leading up to 2023 was -10.29%, reflecting the unpredictability of the market dynamics.
Future trends to watch for include:
- The modest CAGR of 1.52% forecasted for the next five years, suggesting a period of stabilization.
- Potential fluctuations tied to global market conditions, supply chain disruptions, and shifts in domestic demand.