Forecast: Import of Liquefied Propane to Chile

Based on the data, the import of liquefied propane to Chile is expected to rise steadily from 2024 to 2028. In 2023, the actual import stood at a certain volume, and from 2024 onwards, there are forecasted values showing growth. The year-on-year variation in percentage terms is seen as follows:

- From 2024 to 2025, there is a slight increase.

- From 2025 to 2026, the upward trend continues.

- From 2026 to 2027, imports grow at a steady rate.

- From 2027 to 2028, the growth remains consistent.

The compound annual growth rate (CAGR) over the five years suggests a moderate and stable increase in the volume of imports.

Future trends to watch for include potential changes in global propane prices, Chile's domestic energy policies, and advancements in alternative energy sources which could impact the demand for propane imports. Monitoring these factors will be crucial for anticipating any significant deviations from the current forecasted growth trend.

Top Countries about Propane