The Chemicals Manufacturing Value Added in Chile experienced significant fluctuations over the past decade. In 2023, the value stood at 15.25. From 2013 to 2016, there was a marked decline, reaching its nadir in 2016. However, a strong recovery commenced in 2017, and the sector showed a relatively stable upward trend from 2018 onwards. The year-on-year variations over the last two years were 2.69% in 2022 and 2.57% in 2023. The CAGR for the last five years was modest at 1.9%.

Future trends to watch for:

Increasing stability and modest growth predicted, with a forecast 5-year CAGR of 1.76%.
Potential risks from global market volatility and local economic policies.
Opportunities for innovation and technological integration in chemical manufacturing processes.