Forecast: Motor Fuel Deliveries to the Road Sector in Chile

From 2016 to 2023, motor fuel deliveries to the road sector in Chile exhibited notable fluctuations. The delivery volume grew from 8.41 million metric tons in 2016 to 12.44 million metric tons in 2023. Notable trends include a sharp 19.31% year-on-year increase in 2021, highlighting a recovery surge post-2020's pandemic-induced 8.22% decline. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 7.12%, demonstrating robust growth. However, 2023 saw a slight decline of 0.41% year-on-year.

Future trends indicate continuous, albeit modest, growth with a forecasted CAGR of 0.96% over the next five years. Factors to monitor include evolving fuel technology, regulatory impacts, and economic shifts, which could affect motor fuel demand dynamics.