Spending on airport infrastructure maintenance in Chile has shown significant fluctuations over the past decade. The actual value in 2023 stood at 39.224 million Euros. Notable increases in spending occurred in 2014, 2015, 2019, 2020, and especially in 2021, followed by significant drops in 2016, 2018, and 2022. Over the last five years, the compound annual growth rate (CAGR) was 14.56%, indicating a robust upward trend despite some annual volatility. The year-on-year variation in recent years saw a significant spike in 2021 and a notable recovery in 2023 after the dip in 2022.
Future trends indicate a steady increase in annual spending, with forecasted values showing a compounded annual growth rate (CAGR) of 3.98% from 2024 to 2028. By 2028, spending is projected to grow by 21.58% compared to 2023 values.
- Increased privatization and investment in airport infrastructure.
- Influences of global economic conditions on funding allocation.
- Technological advancements necessitating modernization and consistent upgrades.
- Potential impacts of environmental regulations and sustainability initiatives.