The export of polypropylene from Chile has seen notable fluctuations over the last decade. Starting at 18.623 million kilograms in 2013, it grew substantially to 78.804 million kilograms in 2023. This represents a consistent upward trend, though not without periods of decline and rapid growth.
Noteworthy year-on-year variations include a significant increase of 109.88% in 2014 and a notable decrease of 16.22% in 2020 due to market volatility. In the last two years, increases were more moderate with 10.48% in 2022 and a 4.63% increase in 2023. The CAGR over the past 5 years has stabilized at around 8.25%.
Looking ahead, forecasted growth remains positive but more moderate, with a projected 5-year CAGR of 3.28%, leading to an expected 17.52% growth by 2028. Future trends to watch include technological advancements in polypropylene production, changes in global demand especially from emerging markets, and potential regulatory impacts on production and export.
