In 2023, the import value of rowing boats, canoes, and other pleasure boats except sailboats into Chile stood at 5.830 million USD. Forecasts for the coming years suggest a steady growth in this sector, reaching 5.8735 million USD by 2028. Between 2024 and 2025, the year-on-year growth is expected to be around 0.15%, with this trend continuing at a similar rate in the following years. From 2023 to 2028, the compound annual growth rate (CAGR) is projected to be approximately 0.18% per year.
Future trends to watch for include potential increases in consumer spending on recreational activities, shifts in global trade policies affecting import tariffs and regulations, and advancements in boat technology which may introduce new demand dynamics. Additionally, environmental concerns and sustainable solutions in boat manufacturing could also influence future import trends.
