The production volumes of the transportation and warehousing sector in Chile have demonstrated fluctuations over the past decade. Actual data reveals a steady decline from 2013 to 2015, with a notable recovery in 2016 and consistent growth through 2019. However, the sector experienced a sharp downturn in 2020 due to global disruptions, followed by a strong rebound in 2021. The growth rate stabilized slightly from 2022 to 2023, where the production value stood at 21.023 trillion Chilean Pesos. The CAGR over the last five years (2019-2023) is approximately 0.64%.
Looking forward from 2024 to 2028, forecasted data suggests a gradual upward trend with an average annual growth rate of around 0.64%, translating to a cumulative growth rate of 3.23% over the next five years. The industry is expected to reach 21.891 trillion Chilean Pesos by 2028.
Trends to watch for include:
- Technological advancements in logistics and warehousing operations.
- Impact of global trade policies on transportation volumes.
- Sustainability initiatives and their effects on the sector's growth.
