Between 2013 and 2023, energy consumption in the transport sector in Chile showed fluctuations, with an overall modest upward trend. The highest year-on-year increase was observed in 2015 at 6.72%, while a significant decline occurred in 2020 at -7.09%, likely due to the impact of the COVID-19 pandemic. By 2023, energy consumption stood at 32.37 units, reflecting a negligible year-on-year increase of 0.43%. The compound annual growth rate (CAGR) over the past five years (2019-2023) was -0.81%, indicating a slight overall decrease in energy use.
Looking ahead, forecasts from 2024 to 2028 predict a steady but minimal growth in energy consumption for the transport sector, with an anticipated 5-year CAGR of 0.34%. By 2028, the projected energy consumption is expected to reach 33.06 units, showing a 1.69% increase from 2023 levels.
Future trends to watch for include the shift towards more eco-friendly and energy-efficient transport solutions, such as electric vehicles and improved public transportation systems, which could influence overall energy consumption patterns. Additionally, policy changes and technological advancements will be key factors in shaping future energy needs in the transport sector.
