The forecasted import of sealed beam lamp units to Chile shows a slight but steady decline from 2024 to 2028. Starting from a value of 292.56 thousand USD in 2024, it gradually decreases to 290.13 thousand USD by 2028. Comparing 2024 with 2023, the year-on-year variation indicates a minor decline, marking the beginning of this trend. Similarly, a year-on-year comparison from 2024 to 2025 depicts a decrease of approximately 0.21%, and this pattern continues moderately over the next years. The compound annual growth rate (CAGR) for the last five years also reflects a small negative trend, indicating a gradual reduction in the import value.
Future trends to watch for include potential market stabilization or further decline influenced by technological advancements in lighting and the automotive sector, changes in trade policies, local manufacturing capabilities' improvements, or shifts in consumer preferences towards more advanced or different types of lighting technology. Environmental regulations and the growing emphasis on sustainable products could also impact the import volumes.
